Coincident index fall cut to 1.7 points


The composite index of coincident economic indicators for June fell a revised 1.7 points from the previous month, against the preliminary reading of a 2.0-point fall, the Cabinet Office said Monday.

The coincident index, which reflects current economic conditions, stood at 94.1 against 100 for the base year of 2005.

The leading index, a yardstick for the economy’s performance months ahead, was down 2.0 points at 93.2, against a 2.6-point fall in the preliminary report released earlier this month.