Asian Economic News

Japan January Tertiary Industry Index -0.4%

An index measuring tertiary industry activity in Japan was down a seasonally adjusted 0.4 percent on month in December, the Ministry of Economy, Trade and Industry said on Wednesday, coming in at 99.8.

That missed expectations for a decline of 0.3 percent following the upwardly revised 0.8 percent increase in November (originally 0.7 percent).

Industries that saw activity decline included retail trade, postal service, finance, real estate, personal services and utilities.

Industries that saw activity increase included communications, medical care, scientific research and compound services.

by RTTNews Staff Writer

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