TOKYO, Sept. 28 (Xinhua) -- The Japanese government on Wednesday revised down its composite index of coincident economic indicators for July.
According to the Cabinet Office, the revised coincident index of business conditions for July stood at 100.1 against the 2015 base of 100, down from 100.6 in the preliminary report released on Sept. 7.
The index, which reflects the current state of the Japanese economy, gained 0.9 points from the previous month, compared with the preliminary reading of an increase of 1.4 points.
A rise in the coincident index indicates an expansion of economic activity and a decline indicates a contraction.
Looking ahead, the final July leading economic index, a gauge of the economy a few months ahead, was down 1.4 points at 98.9. In the preliminary report, the index fell 0.7 points to 99.6. ■