Track the JN Tertiary Industry Activity m/m to gauge Japan's economic health and predict market trends.
This is a primary indicator of economic well-being, as businesses are quickly influenced by market conditions. Variations in their expenditures can serve as an early indicator of future economic activities, including employment, profits, and investments.
What it Measures
This measures the change in the overall worth of services acquired by businesses.
Usual Effect
'Actual' results exceeding 'Forecast' typically benefit the currency.
Source & Frequency
METI (latest release) - https://www.meti.go.jp/english/ • Data is released monthly, approximately 40 days following the end of the month.
How Data is Derived
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Also Known As
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Acronym
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