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Japan’s Tertiary Industry Activity Index Declines for First Time in Two Months

The Ministry of Economy, Trade and Industry reports a drop in the August index but keeps its overall economic assessment unchanged.

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Terms & Concepts
  • Tertiary Industry Activity Index: An economic indicator that measures the level of business activity in Japan’s service sector, including industries such as finance, retail, and transportation.
  • Ministry of Economy, Trade and Industry (METI): A Japanese government agency responsible for economic policy, trade, industry promotion, and energy management.