Japan Feb tertiary index up 1.0 pct from Jan; 2nd straight monthly rise |
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Thu, 19 Apr 2007 01:13
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TOKYO (XFN-ASIA) - The tertiary index, which measures spending in the services sector, rose 1.0 pct in February from January, the second straight monthly gain, the Ministry of Economy, Trade and Industry said, citing preliminary data.That followed a revised 0.4 pct rise in January from the previous month.Year-on-year, the index increased 1.7 pct in February after a 1.1 pct gain in January.The services sector employs more than half of Japan's workforce, and spending on services such as retailing, dining and travel is closely tied to changes in income and consumer confidence.(1 usd = 118.49 yen)kaori.kaneko@xfn.comkk/mas
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Japan Jan convenience store sales down 0.7 pct yr-on-yr, 7th monthly decline 