Japan: Japan's coincident index, which measures current economic conditions, rose in September for the first time in three months, driven by stronger exports of semiconductor manufacturing equipment and electronic components, government data showed Monday.

According to Namibia Press Agency, the Cabinet Office reported that the coincident index climbed 1.8 points from the previous month to 114.6 in September, with 2020 as the base year set at 100.

The overall index experienced upward momentum due to increases in the shipment index for capital goods and the industrial production index.

Exports of semiconductor manufacturing equipment and flat-panel display production equipment showed strong performance, while the export volume index also had a positive impact.

Despite this rebound, the government maintained its overall assessment unchanged, stating that the economy is "showing signs of bottoming out."

The judgment on the economy has now remained steady for 17 consecutive months.