Japan Tertiary Activity Drops In November

Japan’s tertiary activity dropped for the sixth month in a row in November, data from the Ministry of Economy, Trade and Industry showed on Friday.

The tertiary activity index declined 0.7 percent month-on-month in November, after a 1.6 percent increase in October.

Among the individual components, medical, [health][1] care and welfare, wholesale trade, retail trade, information and communications, real estate, and transport and postal activities decreased in November.

Meanwhile, finance and insurance, [business][2]-related services, living and amusement-related services, goods rental and leasing, and electricity, gas, heat supply and water increased.

On a yearly basis, the tertiary activity index declined 3.7 percent in November, following a 1.4 percent fall in the previous month.

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  1. www.rttnews.com/Content/Health.aspx
  2. www.rttnews.com/Content/Business.aspx
  3. www.rttnews.com/Content/EconomicNews.aspx
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