Latest data released by METI - 12 September 2019
- Prior -0.1%
Slight delay in the release by the source. The statistic basically measures the total value of services purchased by Japanese businesses over the month.
A mild rebound in services activity to start Q3 but with trade still suffering, it is pointing to subdued economic conditions overall for Japan. A minor data point. USD/JPY stays buoyed just above the 108.00 handle of upbeat US-China trade headlines earlier.
