Mumbai, Dec. 24 -- Japan's leading index improved less than initially estimated in October but hit highest level in sixteen months, the latest data from the Cabinet Office showed Wednesday. The leading index, which measures future economic activity, edged up to 109.8 in October from 108.2 in September. The flash score was 110.0. The coincident index hit a four-month high of 115.9 in October from 114.9 a month ago. The lagging indicator eased to 112.2 in October from 112.3 in the prior month.

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