Japan’s leading economic index, which gauges the outlook for the coming months based on indicators such as job offers and consumer sentiment, was revised higher to 108.6 in September 2025, up from the preliminary estimate of 108.0. The latest reading is the highest since October 2024 and above August’s 107.0, supported by stronger household spending, which increased 1.8%, marking the fifth consecutive month of gains, though at a softer pace than the previous month. This indicates a continued recovery in consumer activity. Meanwhile, consumer confidence in October climbed to its highest level in ten months. On the other hand, the unemployment rate held steady at 2.6% in September, while employment rose to a four-month high.

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