Japan service activity posts slowest growth this year - PMI

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Japan service activity posts slowest growth this year - PMI..

The final au Jibun Bank Service purchasing managers' index (PMI) fell to 51.6 in October from 53.8 in September, beset by weak demand. ..

Japan's services activity expanded at the slowest pace this year in October, a business survey showed on Monday, reinforcing concerns that the key sector propelling economic growth is continuing to soften...

"While the PMI data continue to make positive reading for the Japanese service sector, the recent trends suggest that growth is on the wane," said Andrew Harker, economics director at S&P Global...

The composite PMI, which combines the manufacturing and service activity figures, fell to 50.5 in October from 52.1 in September, staying above the break-even 50 mark for 10 months in a row.. . Published on: Nov 06, 2023, 9:39 AM IST ..

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