Japan's Ministry of Economy, Trade and Industry (METI) released its all industry activity index on Wednesday. The index slid 1.2% in February, beating expectations for a 1.3% drop, after a 1.2% rise in January. January's figure was revised down from a 2.0% increase.

Construction industry activity index fell 0.2% in February, industrial production index dropped 5.2%, while tertiary industry activity decreased 0.1%.