Japan’s September coincident economic index rises 0.7 points to 119.5
Japan’s Cabinet Office announced that the preliminary coincident economic index for September rose 0.7 points from the previous month to 119.5, its first increase in two months. The underlying assessment remained unchanged at “showing improvement,” with recovering automobile production contributing to the rise. The leading index fell 1.6 points to 116.4, its first monthly decline in one year and five months.