Japan’s leading economic index, a forward-looking measure of activity based on indicators including job offers and consumer sentiment, was revised to 117.7 in July 2026 from an initial estimate of 117.9. The index rose from 116.2 in June and reached its highest level since January 2014. The reading was supported by the government’s record fiscal budget, which included measures to ease cost-of-living pressures and emergency energy support intended to cushion the impact of the Middle East conflict.