2018.09.2501:41:00UTC+00Japan Leading Index Lowest Since Late 2016

Japan's leading index fell less-than-estimated in July but reached its lowest score since late 2016, final data from the Cabinet Office showed Tuesday.

The leading index, which measures the future economic activity, dropped to 103.9 in July from 104.6 in June. The reading was above the preliminary estimate of 103.5 but the lowest score since November 2016.

At the same time, the coincident index that reflects the current economic activity, declined more-than-estimated to 116.1 from 116.9 a month ago. The flash reading was 116.3.

The lagging index fell to 117.5 from 118.1 in the previous month.