Economic Buzz: Japan leading index rises, consumption recovery still uneven

Japan?s leading economic index rose to 110.5 in November, surpassing expectations and reaching its highest level since May 2024, pointing to improving momentum in the months ahead. The gain was supported by stronger consumer confidence, which climbed to an 18-month high, and record employment levels, while the unemployment rate held steady at 2.6%. However, cost pressures are expected to persist toward year-end, and household consumption remains in a gradual recovery rather than a strong rebound.

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