the third quarter of 2025. For the first three quarters of 2025 combined, the net output of the services sector increased by 3.0% year-on-year in real terms, further accelerated growth in net output, and most other sectors showed mild to moderate growth. Net output of wholesale and retail trades and accommodation and food services continued to decline, but the extents of decline narrowed. Yet, the net output of real estate turned to a decline. As for the secondary sector, the net output of the manufacturing sector saw somewhat faster growth, but that of the