• Kyodo News


The government on Tuesday revised upward the benchmark gauge of economic conditions for July amid growth in retail sales.

The composite index of coincident indicators, such as industrial output and earnings of small and medium-size companies, came to 103.0 against the 2005 base of 100, the Cabinet Office said.

It was higher than a preliminarily reported 101.8 and up from an upwardly revised 102.4 in June.

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