Japan Tertiary Industry Activity Index m/m

Country:
Japan
JPY, Japanese yen
Sector:
Business
Medium 1.8% -0.6%
0.4%
Last release Importance Actual Forecast
Previous
0.7%
1.8%
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

Tertiary Industry Activity m/m reflects changes in Japanese domestic service sector in the given month compared to the previous one. Tertiary Industry Activity, announced by METI (Ministry of Economy, Trade and Industry), is a measure of activities of the Japanese tertiary industry.

The index calculation includes all key service sectors, such as information and communications, energy, utilities, transportation, finance, insurance, tourism, banking, education, etc.

Tertiary Industry Index measures the change in the total value of the services purchased by companies. It is a major indicator of economic health.

In Japan, 90% of people used to be farmers and worked in primary industry in the past, but the ratio of tertiary industry has increased in recent decades. However, due to the lack of land suitable for agriculture, it tends not to be a large industry. Some people return to the primary industry because of the poor working environment of the tertiary industry.  

Due to the fact that the Japanese economy relies on exports, the data in the service sector usually produces low volatility in the currency market. However, growth that exceeds expectations can be seen as a plus for Japanese yen.

Last values:

actual data

forecast

The chart of the entire available history of the "Japan Tertiary Industry Activity Index m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Sep 2019
1.8%
-0.6%
0.4%
Aug 2019
0.4%
-0.2%
0.1%
Jul 2019
0.1%
0.5%
-0.1%
Jun 2019
-0.1%
-0.2%
-0.2%
May 2019
-0.2%
-0.3%
0.8%
Apr 2019
0.8%
0.4%
-0.4%
Mar 2019
-0.4%
-0.4%
-0.6%
Feb 2019
-0.6%
-0.1%
0.4%
Jan 2019
0.4%
0.5%
-0.3%
Dec 2018
-0.3%
0.4%
-0.3%
Nov 2018
-0.3%
-1.0%
1.9%
Oct 2018
1.9%
0.4%
-1.1%
Sep 2018
-1.1%
-0.1%
0.5%
Aug 2018
0.5%
0.0%
0.1%
Jul 2018
0.1%
0.1%
-0.5%
Jun 2018
-0.5%
-0.1%
0.1%
May 2018
0.1%
0.0%
1.0%
Apr 2018
1.0%
0.1%
-0.3%
Mar 2018
-0.3%
0.0%
0.0%
Feb 2018
0.0%
0.0%
-0.6%
Jan 2018
-0.6%
0.1%
-0.2%
Dec 2017
-0.2%
0.0%
1.1%
Nov 2017
1.1%
0.0%
0.3%
Oct 2017
0.3%
0.0%
-0.2%
Sep 2017
-0.2%
0.0%
-0.2%
Aug 2017
-0.2%
0.0%
0.1%
Jul 2017
0.1%
0.0%
0.0%
Jun 2017
0.0%
0.0%
-0.1%
May 2017
-0.1%
0.0%
1.2%
Apr 2017
1.2%
0.0%
-0.2%
Mar 2017
-0.2%
0.0%
0.2%
Feb 2017
0.2%
0.0%
Jan 2017
0.0%
-0.3%
Dec 2016
-0.4%
0.3%
Nov 2016
0.2%
0.2%
Oct 2016
0.2%
-0.3%
Sep 2016
-0.1%
0.0%
Aug 2016
0.0%
0.2%
Jul 2016
0.3%
0.7%
Jun 2016
0.8%
-0.7%
May 2016
-0.7%
0.7%
Apr 2016
1.4%
-0.5%
Mar 2016
-0.7%
-0.1%
Feb 2016
-0.1%
1.5%
Jan 2016
1.5%
-0.6%
Dec 2015
-0.6%
-0.9%
Nov 2015
-0.8%
0.7%
Oct 2015
0.9%
-0.4%
Sep 2015
-0.4%
0.2%
Aug 2015
0.1%
0.2%

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