Japan’s tertiary activity rose for the third straight month in August, data from the Ministry of Economy, Trade and Industry showed on Thursday.
The tertiary activity index rose 0.8 percent month-on-month in August, following a 0.1 percent increase in July.
Among the individual components of the survey, retail trade, electricity, gas, heat supply and water, real estate, medical, [health][1] care and welfare, [business][2]-related services, goods rental and leasing increased in August.
Meanwhile, information and communication, finance and insurance, wholesale trade, transport and postal activities, living and amusement- related services declined.
On a yearly basis, the tertiary activity index declined 8.5 percent in August, following a 8.8 percent fall in the previous month.
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