Investing.com – Japan’s Tertiary Industry Activity index rose more-than-expected in May, official data showed on Tuesday.
In a report, Japan’s Ministry of Economy, Trade and Industry said that its Tertiary Industry Activity index rose by 0.9% in May, above expectations for a 0.7% gain.
The previous month’s figure was revised to 2.5% from 2.6%.
Following the release of the data, the yen was up against the U.S. dollar, with USD/JPY shedding 0.37% to trade at 79.96.
In a report, Japan’s Ministry of Economy, Trade and Industry said that its Tertiary Industry Activity index rose by 0.9% in May, above expectations for a 0.7% gain.
The previous month’s figure was revised to 2.5% from 2.6%.
Following the release of the data, the yen was up against the U.S. dollar, with USD/JPY shedding 0.37% to trade at 79.96.