Japan’s tertiary industry activity recovered in August, the Ministry of Economy, Trade and Industry showed Friday.
Tertiary industry activity gained 0.5 percent month-on-month in August, in contrast to a 0.1 percent drop in July. Economists had forecast a 0.3 percent rise.
Data showed that broad-ranging personal services advanced 0.9 percent, while broad-ranging business services dropped 0.2 percent.
Living and amusement related services increased the most among the components, up 4.1 percent in August.
On a yearly basis, tertiary activity growth improved to 1.3 percent from 0.9 percent in July.
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