Tertiary Industry Index in Japan decreased 0.2% month-on-month in March 2026, following an upwardly revised 0.7% fall in February. Tertiary Industry Index in Japan averaged 97.56 points from 1988 until 2026, reaching an all time high of 107.60 points in September of 2019 and a record low of 73.20 points in January of 1988. source: Ministry of Economy Trade & Industry (METI)



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-20 04:30 AM
Tertiary Industry Index MoM
Feb -0.4% 2.0% 9.6%
2026-05-19 04:30 AM
Tertiary Industry Index MoM
Mar -0.2% -0.7% -0.4% 0.2%
2026-06-15 04:30 AM
Tertiary Industry Index MoM
Apr -0.2%


Related Last Previous Unit Reference
Capacity Utilization MoM 103.70 105.00 points Mar 2026
Industrial Production YoY 2.40 0.40 percent Mar 2026
Industrial Production MoM -0.40 -2.00 percent Mar 2026
Manufacturing Production 2.50 0.30 percent Mar 2026
Mining Production -4.20 -1.70 percent Mar 2026
Tertiary Industry Index MoM 105.70 105.90 points Mar 2026


Japan Tertiary Industry Index
The activity index of the tertiary industry helps to understand an overall picture of industrial activities, inclusive of all business categories in the tertiary industry. The composite index is a general indicator in which the indexes to express the activity in respective business categories are consolidated with weight in terms of the scale of relative importance of each business category (value added). Wholesale Trade is the most important sector and accounts for 15 percent of tertiary activity, followed by Medical, Health Care & Welfare and Living & Amusement-related Services (12 percent each), Information & Communications (11 percent), Retail Trade and Transport & Postal Activities (10 percent each), Finance and Insurance (9 percent), Real Estate (8 percent), Business-related Services (7 percent), and Electricity, Gas, Heat Supply & Water and Goods Rental and Leasing (3 percent each).
Actual Previous Highest Lowest Dates Unit Frequency
105.70 105.90 107.60 73.20 1988 - 2026 points Monthly
2010=100, SA