Japan Tertiary Industry Activity Index -1.0% m/m (expected -0.1%) ...Middle East

Japan September Tertiary Industry Activity Index -1.0% m/mexpected -0.1%, prior -0.1%A very poor result. The data is a disappointment. Expectations were low and even those were not hit. The Tertiary Industry Index (AKA the Index of Tertiary Industry Activity) indicates the performance of the domestic service sector in Japan such as information and communication, electricity, gas heat and water, services, transport, wholesale and retail trade, finance and insurance, and welfare.Its one of the three main indicators used to track economic activity in Japan, along with Industrial Production and Retail Sales. In a nutshell it measures the total value of services purchased by Japanese businesses

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Last updated : 16 Nov 2023 clock 07:52 AM

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Japan Tertiary Industry Activity Index -1.0% m/m (expected -0.1%) ...Middle East

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