Japan revises up key economic gauge for June
www.chinaview.cn 2009-08-18 15:45:14   Print

    TOKYO, Aug. 18 (Xinhua) -- Japan revised up slightly the key gauge of the economy in June, due to improvements in production-related indicators, the Cabinet Office said Tuesday.

    The composite index, or CI, of coincident economic indicators stood at 88.0 against 100 for the base year of 2005, compared with a preliminary reading of 87.8 released on Aug. 6.

    The revised June reading represents a 0.9 point increase from the previous month and the third straight month of growth.

    The CI consists of various indicators such as industrial production, retail sales and the ratio of job offers to job seekers.

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