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Japan Tertiary Industry Index Jumps 1.4% In December

An index measuring tertiary industrial activity in Japan climbed a seasonally adjusted 1.4 percent on month in December, the Ministry of Economy, Trade and Industry said on Wednesday, coming in at 100.5.

That was well above forecasts for an increase of 0.7 percent following the downwardly revised 0.4 percent contraction in November (originally -0.3 percent).

Industries that moved higher included finance, utilities, scientific research, miscellaneous services, real estate and communications.

Industries that moved lower included accommodations, amusement services, transportation, retail trade and compound services.

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