Japan's key index of indicators designed to show the current state of the economy rose in November to its highest level in two years and eight months, with industrial output and consumption improving, the government said Wednesday.

The index of coincident indicators, such as industrial output, retail sales and new job offers, rose 1.6 points from October to 115.1, against the 2010 base of 100, the Cabinet Office said in a preliminary report.

The figure was the highest since March 2014, a month before the 3 percentage-point consumption tax hike to 8 percent in April that hurt household spending and business investment at home, choking economic growth.