Japan Leading Index Rises Less Than Estimated In July

Japan's leading economic index experienced a modest increase in July, following a seven-month low in June, according to the latest data released by the Cabinet Office on Friday.

The leading index, which is an indicator of future economic activity, climbed to 109.3 in July from 109.1 in June. Originally, the preliminary report had placed the index at 109.5.

Concurrently, the coincident index, which reflects the current state of the economy, improved to 117.2 in July from 114.1 in the previous month. This latest figure was revised upward from an initial estimate of 117.1.

Moreover, the lagging index, which indicates economic trends with a delay, edged up to 107.2 in July from 107.0 in June. Initially, this index was reported at 107.9.