Latest Japanese data released by METI - 16 January 2018
- Prior m/m +0.3%; revised to +0.2%
- Corporate bankruptcies y/y -1.97% vs -2.30% prior
Delay in the release of the data by METI. The statistic basically measures the total value of services purchased by Japanese businesses over the month.
Some solid growth towards the end of the year. But again, it's just a general business sentiment indicator - not a major data point. USD/JPY remains underpinned on the day, trading near session highs, now at 110.93.
