Japan’s tertiary activity declined for the second straight month in December, data from the Ministry of Economy, Trade and Industry showed on Tuesday.
The tertiary activity index declined 0.4 percent month-on-month in December, following a 0.6 percent decrease in November.
Among the individual components, living and amusement-related services, financial and insurance, transport and postal activities, real estate, [business][1]-related services, and goods rental and leasing grew in December.
Meanwhile, medical, [health][2] care and welfare, wholesale trade, electricity, gas, heat supply and water, retail trade, flat industries, and information and communications decreased.
On a yearly basis, the tertiary activity index declined 3.6 percent in December, following a 3.7 percent fall in the previous month.
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