Latest data released by Japan's METI - 15 March 2021
- Prior -0.4%
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 further dip in activity to start the year, but that can be attributed to the state of emergency measures across several key prefectures in Japan at the time. The tail-end of Q1 is likely to reflect better conditions so this is very much a lagging release.
