• Kyodo

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A key index reflecting the current state of the Japanese economy rose at a faster pace in October, climbing for the fifth straight month in yet another sign that the economy is emerging from the initial hit of the coronavirus pandemic, government data showed Monday.

The Cabinet Office’s preliminary data for the coincident index of business conditions in the reporting month rose 4.9 points from the previous month to 89.7 against the 2015 base of 100, marking the second-largest increase since comparable figures became available in January 1985. It was up 6.0 points in July.

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