Next release Monday, 16 November 2026, 23:30 New York. Every release since 15 Oct 2019: 85 on record, actual against forecast. Medium impact for the JPY. Updated within the hour of each release.
The last Japan Tertiary Industry Index YoY NSA (Aug. 2026, released 19 Oct 2026) came in at -4.1%; the previous reading was 0.7%. The next Japan Tertiary Industry Index YoY NSA is due Monday, 16 November 2026 at 23:30 New York time (Sep. 2026).
| Released | Period | Actual | Forecast | Previous | Vs forecast |
|---|---|---|---|---|---|
| 19 Oct 2026 00:30 | Aug. 2026 | -4.1% | – | 0.7% | – |
| 15 Sept 2026 00:30 | Jul. 2026 | 0.7% | – | 5.4% | – |
| 17 Aug 2026 00:30 | Jun. 2026 | 5.4% | – | -1.7% | – |
| 15 Jul 2026 00:30 | May. 2026 | -1.7% | – | -11.1% | – |
| 15 Jun 2026 00:30 | Apr. 2026 | -11.1% | – | 15.8% | – |
| 19 May 2026 00:30 | Mar. 2026 | 15.8% | – | -0.9% | – |
| 20 Apr 2026 00:30 | Feb. 2026 | -0.9% | – | -8.8% | – |
| 17 Mar 2026 00:30 | Jan. 2026 | -8.8% | – | 8.1% | – |
| 17 Feb 2026 23:30 | Dec. 2025 | 8.1% | – | -2.6% | – |
| 19 Jan 2026 23:30 | Nov. 2025 | -2.6% | – | -0.8% | – |
| 15 Dec 2025 23:30 | Oct. 2025 | -0.8% | – | 4.7% | – |
| 14 Nov 2025 23:30 | Sep. 2025 | 4.7% | – | -3.8% | – |
| 16 Oct 2025 00:30 | Aug. 2025 | -3.8% | – | 1.1% | – |
| 16 Sept 2025 00:30 | Jul. 2025 | 1.1% | – | 4% | – |
| 18 Aug 2025 00:30 | Jun. 2025 | 4% | – | -1.3% | – |
| 14 Jul 2025 00:30 | May. 2025 | -1.3% | – | -10.6% | – |
| 13 Jun 2025 00:30 | Apr. 2025 | -10.6% | – | 15.2% | – |
| 19 May 2025 00:30 | Mar. 2025 | 15.2% | – | -0.4% | – |
| 23 Apr 2025 00:30 | Feb. 2025 | -0.4% | – | -8.9% | – |
| 18 Mar 2025 00:30 | Jan. 2025 | -8.9% | – | 7.5% | – |
| 17 Feb 2025 23:30 | Dec. 2024 | 7.5% | – | -1% | – |
| 20 Jan 2025 23:30 | Nov. 2024 | -1% | – | -1.2% | – |
| 16 Dec 2024 23:30 | Oct. 2024 | -1.2% | – | 3.7% | – |
| 15 Nov 2024 23:30 | Sep. 2024 | 3.7% | – | -4.1% | – |
| 17 Oct 2024 00:30 | Aug. 2024 | -4.1% | – | 2.8% | – |
| 17 Sept 2024 00:30 | Jul. 2024 | 2.8% | – | 2.7% | – |
| 16 Aug 2024 00:30 | Jun. 2024 | 2.7% | – | -1% | – |
| 16 Jul 2024 00:30 | May. 2024 | -1% | – | -11% | – |
| 14 Jun 2024 00:30 | Apr. 2024 | -11% | – | 13.6% | – |
| 20 May 2024 00:30 | Mar. 2024 | 13.6% | – | 2.1% | – |
| 18 Apr 2024 00:30 | Feb. 2024 | 2.1% | – | -10.1% | – |
| 15 Mar 2024 00:30 | Jan. 2024 | -10.1% | – | 7.3% | – |
| 16 Feb 2024 23:30 | Dec. 2023 | 7.3% | – | -0.7% | – |
| 19 Jan 2024 23:30 | Nov. 2023 | -0.7% | – | -1.8% | – |
| 15 Dec 2023 23:30 | Oct. 2023 | -1.8% | – | 3.4% | – |
| 16 Nov 2023 23:30 | Sep. 2023 | 3.4% | – | -1.7% | – |
| 17 Oct 2023 00:30 | Aug. 2023 | -1.7% | – | -0.1% | – |
| 15 Sept 2023 00:30 | Jul. 2023 | -0.1% | – | 4.5% | – |
| 17 Aug 2023 00:30 | Jun. 2023 | 4.5% | – | -1.1% | – |
| 18 Jul 2023 00:30 | May. 2023 | -1.1% | – | -13.1% | – |
| 15 Jun 2023 00:30 | Apr. 2023 | -13.1% | – | 17.6% | – |
| 19 May 2023 00:30 | Mar. 2023 | 17.6% | – | 0.1% | – |
| 20 Apr 2023 00:30 | Feb. 2023 | 0.1% | – | -10.2% | – |
| 17 Mar 2023 00:30 | Jan. 2023 | -10.2% | – | 7.6% | – |
| 15 Feb 2023 23:30 | Dec. 2022 | 7.6% | – | 0.1% | – |
| 17 Jan 2023 23:30 | Nov. 2022 | 0.1% | – | -1.9% | – |
| 15 Dec 2022 23:30 | Oct. 2022 | -1.9% | – | 4.3% | – |
| 16 Nov 2022 23:30 | Sep. 2022 | 4.3% | – | -2% | – |
| 17 Oct 2022 00:30 | Aug. 2022 | -2% | – | -1.1% | – |
| 15 Sept 2022 00:30 | Jul. 2022 | -1.1% | – | 5.5% | – |
| 16 Aug 2022 00:30 | Jun. 2022 | 5.5% | – | -2.1% | – |
| 15 Jul 2022 00:30 | May. 2022 | -2.1% | – | -12.1% | – |
| 15 Jun 2022 00:30 | Apr. 2022 | -12.1% | – | 19% | – |
| 17 May 2022 00:30 | Mar. 2022 | 19% | – | -2.2% | – |
| 20 Apr 2022 00:30 | Feb. 2022 | -2.2% | – | -10.5% | – |
| 18 Mar 2022 00:30 | Jan. 2022 | -10.5% | – | 7.2% | – |
| 16 Feb 2022 23:30 | Dec. 2021 | 7.2% | – | 1% | – |
| 17 Jan 2022 23:30 | Nov. 2021 | 1% | – | -0.5% | – |
| 15 Dec 2021 23:30 | Oct. 2021 | -0.5% | – | 4.8% | – |
| 16 Nov 2021 23:30 | Sep. 2021 | 4.8% | – | -3.8% | – |
| 15 Oct 2021 00:30 | Aug. 2021 | -3.8% | – | -0.1% | – |
| 15 Sept 2021 00:30 | Jul. 2021 | -0.1% | – | 6.3% | – |
| 17 Aug 2021 00:30 | Jun. 2021 | 6.3% | – | -4.1% | – |
| 15 Jul 2021 00:30 | May. 2021 | -4.1% | – | -13.8% | – |
| 15 Jun 2021 00:30 | Apr. 2021 | -13.8% | – | 19.9% | – |
| 18 May 2021 00:30 | Mar. 2021 | 19.9% | – | -0.5% | – |
| 20 Apr 2021 00:30 | Feb. 2021 | -0.5% | – | -11.2% | – |
| 15 Mar 2021 00:30 | Jan. 2021 | -11.2% | – | 7.6% | – |
| 16 Feb 2021 23:30 | Dec. 2020 | 7.6% | – | -0.9% | – |
| 15 Jan 2021 23:30 | Nov. 2020 | -0.9% | – | -0.5% | – |
| 14 Dec 2020 23:30 | Oct. 2020 | -0.5% | – | 5.7% | – |
| 12 Nov 2020 23:30 | Sep. 2020 | 5.7% | – | -1.8% | – |
| 15 Oct 2020 00:30 | Aug. 2020 | -1.8% | – | 0.7% | – |
| 14 Sept 2020 00:30 | Jul. 2020 | 0.7% | – | 14% | – |
| 14 Aug 2020 00:30 | Jun. 2020 | 14% | – | -4.5% | – |
| 13 Jul 2020 00:30 | May. 2020 | -4.5% | – | -20% | – |
| 15 Jun 2020 00:30 | Apr. 2020 | -20% | – | 11% | – |
| 18 May 2020 00:30 | Mar. 2020 | 11% | – | -0.8% | – |
| 17 Apr 2020 00:30 | Feb. 2020 | -0.8% | – | -9.3% | – |
| 13 Mar 2020 00:30 | Jan. 2020 | -9.3% | – | 7.5% | – |
| 14 Feb 2020 23:30 | Dec. 2019 | 7.5% | – | 1% | – |
| 17 Jan 2020 23:30 | Nov. 2019 | 1% | – | -8.1% | – |
| 16 Dec 2019 23:30 | Oct. 2019 | -8.1% | – | 6.3% | – |
| 14 Nov 2019 23:30 | Sep. 2019 | 6.3% | – | -2.9% | – |
| 15 Oct 2019 00:30 | Aug. 2019 | -2.9% | – | 1.6% | – |
The next Japan Tertiary Industry Index YoY NSA is due Monday, 16 November 2026 at 23:30 New York time (Sep. 2026).
The last Japan Tertiary Industry Index YoY NSA (Aug. 2026, released 19 Oct 2026) came in at -4.1%; the previous reading was 0.7%.
Japan Tertiary Industry Index YoY NSA is released monthly by Ministry of Economy Trade and Industry (METI). CRTLAB has 85 releases on record since 15 Oct 2019.
The highest was 19.9% (Mar. 2021) and the lowest -20% (Apr. 2020). The five-year average is 0.42%.
Usually yes: a reading above forecast is the good surprise for the JPY, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the JPY against its forecast, red one that was bad.
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).