Asian Economic News

Japan Tertiary Industry Index Falls 0.6%

An index measuring tertiary industry activity was down a seasonally adjusted 0.6 percent on month in March, the Ministry of Economy, Trade and Industry said on Wednesday, standing at 98.6.

That missed forecasts for a contraction of 0.4 percent following the flat reading in February.

Industries that declined included information and Communications, living-related and amusement services, wholesale and retail trade and accommodations.

Industries that moved higher include finance, insurance, scientific research, medical care, welfare and real estate.

by RTTNews Staff Writer

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