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S&P Global Flash Japan PMI: Stronger service sector growth offsets fresh decline in manufacturing output
Latest Flash PMI® data signalled a further modest increase in overall private sector business activity across Japan during July. However, this masked divergent underlying trends, with stronger growth across the service industry contrasting with a fresh fall in factory output. At the same time, overall employment and new business rose only marginally across the private sector as a whole. Business confidence meanwhile slipped to a three-month low amid lingering tariff uncertainty, and new orders from overseas declined at the quickest pace since last October. Turning to prices, firms signalled softer increases in both ... (full story)
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