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Market Update: Japan Coincident Index Rises to 17-Month High
The index of coincident economic indicators in Japan, which consists of a range of data including factory output, employment, and retail sales, rose to 95.5 in April 2021 from a downwardly revised 92.9 a month earlier, a preliminary figure showed. This was the highest reading since November 2019, buoyed by hopes of the end of the pandemic as the rollout of COVID-19 vaccines accelerate. source: Cabinet Office, Japan [/s2If]
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