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Japan all industry activity rebounds in October

The seasonally adjusted all-industry activity index for Japan was up 0.3% month on month in October, after slipping 0.5% in September, data from the Ministry of Economy, Trade and Industry showed.

The pick-up reflected a 0.21% contribution from the tertiary industry and a 0.1% contribution from industrial production, partially offset by a negative 0.02% contribution from the construction industry.

Tertiary industry activity index gained 0.3% in October compared with a 0.2% drop in the previous month; the industrial production index recovered 0.5% compared with a 1.0% slip previously; while the construction industry activity index shed 0.3% compared with a 2.3% fall in September.