Japan’s tertiary industry activity declined for the third straight month in April, data from the Ministry of Economy, Trade and Industry showed on Monday.
Tertiary industry activity decreased 6.0 percent month-on-month in April following a 3.8 percent fall in March.
Data showed that the broad-ranging personal services dropped 7.2 percent in April, and broad-ranging [business][1] services fell 4.0 percent.
Among components, living and amusement-related services, transport and postal activities, retail trade, wholesale trade, real estate, finance and insurance, business-related services, and goods rental and leasing decreased in April.
Meanwhile, medical, [health][2] care and welfare, information and communications, electricity, gas, heat supply and water increased in April.
On an annual basis, tertiary activity declined 11.5 percent in April, following a 5.3 percent fall in the prior month.
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