Thursday, March 6, 2008

Japan Leading Index January 2008

Japan's leading index fell to 30 percent in January, below the threshold of 50 that signals growth will slow in the next three to six months, according to the Cabinet Office yesterday. The December number was revised to 50 from 45.5.With consumer confidence at a four-year low it seems unlikely that household spending will continue to sustain the Japanese economy in the face of slowing export

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