Japanese Tertiary Industry Index MoM (Jan) M/M 1.7% (Prev. -0.5%)
Newsquawk Staff ·
Japanese Tertiary Industry Index MoM (Jan) M/M 1.7% (Prev. -0.5%)
What it means
The January reading of Japan's Tertiary Industry Index shows a significant rebound at 1.7% month-over-month, compared to a prior contraction of -0.5%. This robust uptick suggests a potential strengthening in economic activity, which could bolster confidence in Japan's growth outlook and impact risk sentiment in related asset classes, particularly commodities.
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