Japanese Tertiary Industry Activity rises more-than-expected

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Forexpros - 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.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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