21 September 2001, 09:24 Japan METI says July tertiary index fall partly to hot summer weather
TOKYO (AFX-ASIA) - The Ministry of Economy, Trade and Industry said
the 0. 9 pct fall in the July tertiary index was due partly to
extremely hot summer conditions, which affected the retail service
sector.
The service sector for retail clients saw a month-on-month fall of
5.2 pct in July, while the transportation/telecom sector for retail
clients saw a 1.8 pct fall in the month.
Transportation service for corporate clients saw a 1.9 pct fall in
July from the previous month, while telecom services for corporate
clients posted a 2.2 pct fall led by a 3.4 pct fall in mobile phone
services.
"The slowdown in the pace of growth in mobile phone subscriber
numbers appears to have stood as a reason for the fall, but the
underlying trend seems to be still solid," a ministry official said.
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