Thursday, 14 June 2007

Japan's Spending on Services Rises 1.7 Percent, Fastest Pace in Six Months

(Bloomberg) -- Spending on services in Japan rose at
the fastest pace in six months in April, signaling consumers will
help drive growth in the world's second-largest economy.

The tertiary index, a gauge of money spent on phone calls,
leisure and shopping, climbed 1.7 percent from March, the Trade
Ministry said in Tokyo today. The median estimate of 37
economists surveyed by Bloomberg News was for a 1.5 percent gain.


Read more at Bloomberg Bonds News

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