Japan's Coincident Economic Index Up 0.8 Point in June

   Tokyo, Aug. 7 (Jiji Press)--Japan's composite index of coincident economic indicators rose 0.8 point from the previous month in June, the Cabinet Office said in a preliminary report Thursday.
   The index stood at 116.8 against the base of 100 in 2020. Contributing to the rise were strong shipments of semiconductor-manufacturing equipment and increased production of memory devices for electronic equipment.
   The government agency said that the index is "halting to fall."
   This is the same assessment as that used for May. In the preliminary report for May, the coincident index showed a decline of 0.1 point from April, with the agency saying that it was "worsening." The May index was later revised up to match the level for April, and the assessment was raised as well.
   The June uptick was also due to growth of retail and wholesale sales, and strong exports.

(2025/08/07-19:08)

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