TOKYO, Feb. 27 (Xinhua) — The Japanese authorities on Monday revised up its composite index of coincident financial indicators for December final 12 months.
According to the Cabinet Office, the revised coincident index, which displays present financial situations, got here in as 99.1 towards 100 for the bottom 12 months of 2015, up from 98.9 within the preliminary report launched earlier this month.
The index was down 0.2 level from the earlier month, in contrast with the preliminary studying of a 0.4-point fall.
An increase within the coincident index signifies an enlargement of financial exercise and a decline alludes to a contraction.
The December main index, a yardstick for the economic system’s efficiency months forward, fell 0.5 level to 97.2, unchanged from the preliminary report.