TOKYO, Feb. 17 (Xinhua) -- Japan's key economic gauge was moderately upgraded for December on the back of a recovery in the manufacturing sector and embryonic signs the nation's employment situation was less severe than previous readings had indicated, the government said in a report on Thursday.
- `' v( ?+ A) G; Q% g' C% `+ w Japan's coincident composite index (CI), which reflects current business conditions, increased a revised 1.1 points to 103.5 against the base of 100 in 2005, in Dec., higher than the government's previous forecast for a 103.1 rise.
6 d. G( s; a& R0 X The leading composite index, which measures the state of the economy three months ahead stood at final 101.4 in December, up from November's reading of 100.6. and marking a second-straight month of increase.+ ?$ O$ w& x; y+ B. E% d
Meanwhile, the lagging CI, which reflects economic conditions three months ago stood at a revised 88.6 in December, compared with 87.8 in November, marking the first rise in two months, the Cabinet office said./ e4 N' B/ U! z. g
The Cabinet Office repeated its assessment, based on the December's coincident CI, saying that the index "shows Japan's economy is pausing". |