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Wednesday, November 19, 2008

Japan Sept all-industries index -0.1 pct mth/mth

Japan's all-industries index, which covers a broad range of economic activity including the tertiary activity index, dipped 0.1 percent in September from the previous month, matching a consensus forecast, government data showed on Wednesday.
A new index for final demand components in all industries decreased 0.9 percent from the previous month. The all-industries index adds data from the primary sector --
comprising fishing, farming, forestry and mining -- and the secondary or manufacturing sector to data from the tertiary sector.

The services sector employs more than half of Japan's work force and spending on services such as retailing, dining and travel is closely tied to changes in income and consumer confidence.

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