(Tiper Stock Exchange) – Japan’s economic conditions worsened in July. According to the preliminary estimate of the Cabinet Office, the leading indicators (superindex) would have led to 107.6 points, down 1.2% compared to 108.8 points in June. The figure is less than analyst estimates which indicated a 107.9.
During the same period, the coincident index which summarizes the current situation of the economy, is indicated in mild drop of 1.1% to 114.5 points from 115.6.
The deferred indexwhich instead captures the outlook for the next 12 months (lagging index), is seen in drop of 0.5% to 106.1 points from 106.6.