Global Economic News

Japan Tertiary Industry Index Jumps 0.9% In June

An index measuring activity among tertiary industries was up a seasonally adjusted 0.9 percent on month in May, the Ministry of Economy, Trade and Industry said on Thursday - coming in at 98.2.

The headline figure was well shy of forecasts for an increase of 1.7 percent following the downwardly revised 5.7 percent decline in April (originally -5.4 percent).

Industries that saw an increase in activity included retail sales, transportation, amusement services, real estate and utilities.

Industries that slowed in May included scientific research and financial services.

by RTTNews Staff Writer

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