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Global Economic News

Japan Tertiary Industry Index Plunges In February

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

An index measuring tertiary industrial activity in Japan was down a seasonally adjusted 1.0 percent on month in February, the Ministry of Economy, Trade and Industry said on Friday - standing at 100.6.

That was well shy of forecasts for an increase of 0.2 percent following the 0.9 percent jump in January.

Among the individual components of the survey, activity was down for accommodations, finance, transportation, wholesale trade, real estate and health care.

Activity was up for communications and utilities; learning support was flat.

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