Japan Leading Economic Index

Last Release

Oct 31, 2024

Actual

109.1

Units In

Points

109.1

Frequency

Monthly

Next Release

Jan 27, 2025

Time to Release

16 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
112.2 Mar 2024	72.5 Jul 1986	92.75 Points	1985-2024	N/A

In Japan, the Leading Composite Index consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. The index anticipates changes in the direction of the Japanese economy in the coming months. In general, increase in the index reflects that the economy is in an expansion phase, and decreasing coincident index reflects that the economy is in a contraction phase. The index is used to make official judgement on when the business cycle begins and ends.

Latest Updates

Japan’s leading economic indicators index, which gauges the economic outlook for the coming months based on data such as job offers and consumer sentiment, declined to 107.0 in November 2024 from October's three-month high of 109.1, preliminary data showed. It was the lowest reading since August, as the unemployment rate remained steady at 2.5% in November, after hitting its eight-month low in September, despite employment showing a moderate upward trend during the month. Additionally, household spending continued to fall, though it eased compared to October. Consumer sentiment slightly improved from a five-month low in October.