Japan - Indices of Tertiary Industry Activity

by Eduardo Petazze
Tertiary Industry Activity decrease by 2.5% Y/Y (-5.4% M/M) in April 2014
Government Services decreased 0.4% Y/Y (-0.2% M/M)
The METI of Japan release the Indices of Tertiary industry Activity, ITA for April 2014 (pdf, 24 pages)
NSA Tertiary industry
Tertiary Industry
Electricity, Gas, Heat & Water
Information and Communications
Transport and Postal Activities
Wholesale and Retail Trade
<Wholesale Trade>
<Retail Trade>
Finance and Insurance
Real Estate, Rental & Leasing
Scientific Research,
Accommodations,
Living-Related & Personal Services
Learning Support
Medical, Health Care and Welfare
Compound Services
Miscellaneous Services
Government Services etc.
Tertiary Industry & Govt.
Y/Y

201401 201402 201403 201404 201405 201406

96.4
94.7
111.6
96.0
97.1
99.8
108.1
100.6
101.4
89.3
89.5
92.9
104.0
106.6
148.0
98.1
101.0
112.2
98.6
95.0
114.0
100.6
102.7
104.9
84.7
84.7
106.1
81.1
81.9
86.3
73.4
77.9
96.2
73.7
72.9
78.0
108.5
99.1
127.3
96.8
101.0
104.0
103.6
102.6
109.5
103.9
104.6
106.7
94.9
96.6
99.9
95.3
95.9
96.7
84.4
87.9
106.4
112.8
102.3
108.9
111.9
86.4
106.3
100.5
106.8
99.4
79.0
73.9
94.3
90.4
97.4
90.8
85.4
80.2
75.1
75.3
76.7
77.8
120.3
116.9
125.5
120.3
122.4
122.2
65.4
66.7
78.4
85.6
90.1
88.7
96.5
100.4
112.4
96.5
96.0
99.0
98.6
100.5
96.7
97.9
97.6
97.5
96.8
95.7
109.0
96.3
97.2
99.3
1.6%
0.7%
2.4%
-2.2%
-1.2%
-0.3%

Jan
2.0%
-0.6%
2.8%
4.4%
1.9%
1.4%
2.4%
3.7%
-0.7%
1.7%
2.9%
2.6%
-0.5%
2.1%
1.9%
0.8%
-0.5%
1.6%

Feb
0.9%
1.1%
3.5%
2.8%
1.2%
0.9%
1.7%
0.8%
-1.5%
1.2%
-2.6%
-1.6%
-0.7%
1.4%
-0.1%
-0.9%
0.0%
0.7%

Mar
Apr
3.0%
-2.5%
2.9%
-1.2%
2.5%
-0.7%
4.1%
2.5%
8.2%
-7.4%
6.4%
-6.5%
11.1%
-8.9%
-1.9%
-5.6%
-1.1%
-2.0%
-1.6%
0.9%
1.1%
-1.0%
3.6%
-0.7%
-1.1%
-0.9%
1.8%
0.6%
1.2%
-1.7%
3.2%
-3.3%
-0.2%
-0.4%
2.4%
-2.2%
Y/Y

May
-1.5%
-1.0%
1.3%
1.9%
-4.4%
-4.1%
-5.0%
-4.6%
-1.6%
-0.5%
-0.5%
-0.4%
-0.6%
1.0%
-1.6%
-2.0%
-0.1%
-1.2%

Jun
-0.1%
1.0%
0.2%
3.7%
-3.1%
-3.2%
-2.9%
0.7%
-1.3%
2.2%
-0.1%
-0.9%
-0.9%
2.8%
-0.2%
-1.6%
-1.0%
-0.3%

SA -Tertiary industry
Tertiary Industry
Electricity, Gas, Heat & Water
Information and Communications
Transport and Postal Activities
Wholesale and Retail Trade
<Wholesale Trade>
<Retail Trade>
Finance and Insurance
Real Estate, Rental & Leasing
Scientific Research,
Accommodations,
Living-Related & Personal Services
Learning Support
Medical, Health Care and Welfare
Compound Services
Miscellaneous Services
Government Services etc.
Tertiary Industry & Govt.
M/M

201401 201402 201403 201404 201405 201406

101.5
100.6
103.0
97.4
99.2
99.5
98.0
100.8
99.9
96.7
97.3
96.1
111.4
112.5
111.5
108.6
109.7
111.7
105.5
104.7
106.0
104.5
105.6
104.9
91.5
90.9
97.0
82.8
85.5
86.9
82.8
82.5
86.8
75.8
77.1
77.8
108.7
108.6
119.3
98.0
103.3
106.1
106.5
104.4
103.6
99.6
105.6
105.5
97.3
96.5
97.3
96.0
96.3
96.4
101.1
100.0
99.1
102.8
104.4
103.0
107.1
102.2
106.1
104.0
104.7
105.0
92.1
88.1
93.0
87.2
88.0
89.2
81.5
81.4
80.4
79.9
79.5
79.4
121.1
121.4
121.1
121.7
122.5
121.1
80.0
80.7
84.0
80.9
81.0
80.0
101.8
99.9
104.3
97.3
98.1
98.5
97.4
97.9
97.5
97.3
97.1
97.9
100.8
100.2
102.0
97.4
98.8
99.2
1.1%
-0.6%
1.8%
-4.5%
1.5%
0.4%

Jan
1.5%
-0.3%
0.0%
2.7%
3.0%
3.4%
1.7%
-0.6%
0.0%
2.2%
1.8%
1.7%
0.7%
0.0%
-0.1%
3.1%
-0.5%
1.1%

Feb
-0.9%
2.9%
1.0%
-0.8%
-0.7%
-0.4%
-0.1%
-2.0%
-0.8%
-1.1%
-4.6%
-4.3%
-0.1%
0.2%
0.9%
-1.9%
0.5%
-0.6%

Mar
2.4%
-0.9%
-0.9%
1.2%
6.7%
5.2%
9.9%
-0.8%
0.8%
-0.9%
3.8%
5.6%
-1.2%
-0.2%
4.1%
4.4%
-0.4%
1.8%
M/M

May
1.9%
0.6%
1.0%
1.0%
3.2%
1.7%
5.4%
6.1%
0.4%
1.5%
0.7%
0.9%
-0.5%
0.6%
0.1%
0.8%
-0.2%
1.5%

Jun
0.3%
-1.3%
1.8%
-0.7%
1.6%
0.9%
2.7%
-0.2%
0.0%
-1.3%
0.2%
1.4%
-0.2%
-1.1%
-1.2%
0.4%
0.8%
0.4%

Also see:
Markit Japan Services PMI
Markit Japan Services PMI
Japan - Indices of All Industry Activity

Apr
-5.4%
-3.2%
-2.6%
-1.4%
-14.6%
-12.7%
-17.9%
-3.9%
-1.3%
3.7%
-2.0%
-6.2%
-0.6%
0.5%
-3.7%
-6.7%
-0.2%
-4.5%