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Asian Economic News

Japan November Tertiary Industry Index Rises 0.6%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

An index measuring tertiary industry activity in Japan was up a seasonally adjusted 0.6 percent in November compared to the previous month, the Ministry of Economy, Trade and Industry said on Thursday, coming in at 100.1.

That missed forecasts for an increase of 0.7 percent following the downwardly revised 0.9 percent contraction in October (originally -0.7 percent).

Industries that saw activity increase included retail trade, finance, accommodations, real estate and health care.

Industries that saw activity decline included technical services, communications and utilities.

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