FX.co ★ Tertiary Industry Activity Index in Japan Rises in February 2024

According to the latest data released on 18 April 2024, Japan's Tertiary Industry Activity Index showed a positive turnaround in February 2024. After a significant decline in January 2024 where the indicator dropped to -10.1, the most recent data indicates a rebound as the index reached 0.6. The tertiary industry in Japan, which includes services such as retail, healthcare, and hospitality, plays a crucial role in the country's economy. This increase suggests a potential improvement in the overall economic activity within the service sector of Japan. Analysts will be closely monitoring future data releases to gauge the sustainability of this positive trend in the Tertiary Industry Activity Index.