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Japan tertiary industry activity increases 1% in April

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Japan tertiary industry activity increases 1% in April

Japan's seasonally adjusted tertiary industry activity index gained 1.0% month over month to 106.1 in April, data from the Ministry of Economy, Trade and Industry showed.

The original index increased 1.4% to 104.3 in April on an annual basis.

On a monthly basis, the finance and insurance sector and information and communications sector posted the largest rise of 2.5% each, while transport and postal activities booked the highest monthly contraction of 0.7%.