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The All Industry Activity Index measures the monthly change in production across all sectors of the Japanese economy, including manufacturing, services, construction, and agriculture. It serves as a comprehensive proxy for monthly GDP growth, offering a broad view of economic output. By aggregating data from various industries, it provides insights into the overall momentum of Japan's industrial and service-based activities.
The index is calculated by the Ministry of Economy, Trade and Industry (METI) by combining production indices from the primary, secondary, and tertiary sectors, weighted by their value-added contribution to the economy.
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