Japan tertiary industry activity index down

Financeroll – An index measuring the activity of tertiary industry in Japan was down a seasonally adjusted 0.8 percent on month in November, the Ministry of Economy, Trade and Industry said on Tuesday, standing at 98.0.

That missed expectations for a contraction of 0.4 percent following the 0.6 percent increase in October.

Industries that saw activity move lower included wholesale and retail trade; personal services; finance and insurance; scientific research and health care.

Industries that moved higher included communications, real estate and learning support. Electricity, gas, heat supply and water were unchanged.

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