Japan's leading economic indicators index, which tracks the financial outlook for the coming months based on data such as job offers and consumer sentiment, was revised up to 107.5 in November 2024 from the preliminary estimate of 107.0.
Japan's economic outlook improves, spending slips
This came after the index reached a three-month high of 109.1 in October. Despite the revision, the November figure marked the lowest reading since August. The unemployment rate remained at 2.5% in November, maintaining the level seen in September, an eight-month low, even as employment showed a moderate upward trend.
Spending falls, consumer sentiment improves
Meanwhile, household spending continued to decline, though the decrease slowed compared to October. Consumer sentiment also showed improvement, slightly recovering from the five-month low recorded in October.
