Key economic index rises for 4th straight month in Sept.

A key index reflecting the current state of the Japanese economy rose in September for the fourth straight month, even though the economy is still recovering from the initial hit of the novel coronavirus pandemic, official data showed Monday.The Cabinet Office’s preliminary data for the coincident index of business conditions in the reporting month increased 1.4 points from August to 80.8 against the 2015 base of 100, back to the threshold of 80 for the first time since March when 89.2 was logged.The office maintained its assessment that the Japanese economy is “bottoming out,” using the same …

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HEDGE accordingly