MNI Survey: Japan July Tertiary Index Seen +0.2%, 4th Rise

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TOKYO (MNI) – Japan’s tertiary industry index, which measures
spending in the service sector, appears to have risen a seasonally
adjusted 0.2% on month in July, posting the fourth straight rise, the
median forecast by economists in a Market News International survey
showed.

The Ministry of Economy, Trade and Industry will release the data
at 0850 JST on Monday, Sept. 12 (2350 GMT Sunday).

The pace of increase is expected to slow from +1.9% in June and
+0.8% in May and +2.7% in April.

In March, the index showed a record drop of -5.9% in the aftermath
of the earthquake disaster.

skodama@marketnews.com
** Market News International Tokyo Newsroom: 81-3-5403-4838 **

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