Economic Buzz: Japans Tertiary Activity Rises 0.7% On Month In August

18 Oct 2022 , 12:10 PM

Japans tertiary activity increased for the first time in three months in August, data from the Ministry of Economy, Trade and Industry reported. The seasonally adjusted tertiary activity index rose 0.7 percent month-on-month in August, reversing a 0.5 percent fall in July. Among the individual components, the indexes for medical, health care and welfare, wholesale trade, business-related services, finance and insurance, and transport and postal services increased in August. On a yearly basis, tertiary activity rose at a faster rate of 4.2 percent in August, following a 1.6 percent rise in July.Powered by Commodity Insights