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Economic Buzz: Japan's Leading Economic Indicator Shows Positive Signs
(25-Apr-2024, 13:36 Hours IST)  
Japan's index of leading economic indicators stood at 111.8 in February 2024, unchanged from preliminary estimates and up from a final 109.5 in the previous month. This marks the highest reading since August 2022, with consumer sentiment reaching its highest level since April 2019. In April 2024, the service sector expanded the most since May 2023, while factory activity saw its smallest decline in 11 months, indicating a near-stabilization in the economy.

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