Japan’s Recovery Wavering on Output, Index Shows
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Japan’s broadest indicator of economic health was little changed in June, a sign slower demand is tempering a recovery in the world’s second-largest economy.
The coincident index, a composite of 11 indicators including factory production and retail sales, rose to 101.3 from 101.2 in the previous month, the Cabinet Office said today in Tokyo. That compared with a median estimate of nine economists surveyed by Bloomberg News for 101.2.