TABLE-Japan leading indicator index -0.2 point in May
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TOKYO, July 4 (Reuters) - Japan's index of leading economic indicators fell 0.2 point to a preliminary 92.6 in May from 92.8 in April, the government said on Friday. [JPLEIN=ECI]
The leading index is compiled using data such as the number of new job offers, consumer sentiment and Tokyo share prices.
The government switched to a new data series, based on composite rather than diffusion indexes, from the April figures published in June.
Composite indexes are aimed at capturing the momentum of the economy by aggregating the percentage change in a selected series of data, while diffusion indexes aggregate only the direction of change.
Details were as follows:
(month-on-month changes in points)
----------------------------------------------------------
MAY APR MAR
Leading Index -0.2 +2.0 -2.3
Coincident Index +1.3 -0.7 -2.4
Lagging Index +0.2 -1.2 +0.5 ----------------------------------------------------------
To view full tables, go to the official home page of the Cabinet Office at http/www.esri.cao.go.jp/en/stat/menu.html. or here Source:The Cabinet Office (Reporting by Hideyuki Sano; Editing by Chris Gallagher)
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