Japan January tertiary industry index m/m -0.6% vs -0.3% expected

Latest data released by Japan’s METI — 13 March 2018

  • Prior m/m -0.2%

The statistic basically measures the total value of services purchased by Japanese businesses over the month.

Slight delay in the data release by the source. A minor data point, the index shows that retail trade and business-related services were the main drag on the month.
USD/JPY at 106.65, near the highs for the day. EUR/JPY at 131.51 and GBP/JPY at 148.20, both similar as well.
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