Japan's tertiary activity index increased at a slower-than-expected pace in October, after falling in the previous month, figures from the Ministry of Economy, Trade and Industry showed Monday.
The tertiary activity index edged up a seasonally adjusted 0.2 percent month-over-month in October, reversing a 0.3 percent fall in September.
That was just below the 0.3 percent rise expected by economists. In August, the index showed no variations.
Among the individual components of the survey, activity was up for information and communications, finance and insurance, retail trade, goods rental and leasing.
At the same time, activity was down for business related services, real estate, wholesale trade, utility sector, transport and postal activities, living and amusement-related services.
On an annual basis, the tertiary activity index dropped 0.1 percent in October, in contrast to a 1.0 percent increase in the prior month.
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