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For Release 10:30 AM ET, September 10, 2026
Using the Composite Indexes: The Leading Economic Index (LEI) provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index (CEI) provides an indication of the current state of the economy. Additional details are below.
The Conference Board Leading Economic Index®(LEI) for Japan rose by 0.9% in July 2026 to 92.4 (2016=100), after upwardly revised increase of 1.3% in June. The LEI for Japan grew by 4.8% over the six-month period from January to July 2026, a larger rate compared to the 3.8% increase over the previous six-month period between July 2025 and January 2026.
The Conference Board Coincident Economic Index® (CEI) for Japan inched down by 0.1% in July 2026 to 98.5 (2016=100), after also marginally declining by 0.1% in June. As a result, The CEI contracted by 0.3% over the six-month period from January to July 2026, a reversal from the 0.5% growth rate registered over the previous six-month period between July 2025 and January 2026.
The next release is scheduled for Thursday, October 8, 2026, at 10:30 A.M. ET.
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About The Conference Board Leading Economic Index® (LEI) and Coincident Economic Index® (CEI) for Japan.The composite economic indexes are key elements in an analytic system designed to signal peaks and troughs in the business cycle. Comprised of multiple independent indicators, the indexes are constructed to summarize and reveal common turning points in the economy in a clearer and more convincing manner than any individual component.
The CEI reflects current economic conditions and is highly correlated with real GDP. The LEI is a predictive tool that anticipates—or “leads”—turning points in the business cycle by around four months.
The ten components of the Leading Economic Index® for Japan are:
To access data, please visit: https://www.conference-board.org/data
About The Conference Board The Conference Board is the Member-driven think tank that delivers Trusted Insights for What's Ahead®®. Founded in 1916, we are a nonpartisan, not-for-profit organization holding 501 (c) (3) tax-exempt status in the United States. TCB.org l Learn about Membership
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