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Japan: Fresh increase in new orders supports further rise in business activity in December
Business activity continued to increase modestly across Japan's private sector at the end of 2025, according to the latest Flash PMI® data, compiled by S&P Global. The sustained upturn in output was accompanied by a renewed rise in new business, which occurred despite a further reduction in new export work. Improved demand conditions also supported a quicker increase in workforce numbers. Stronger cost pressures were recorded, however, which in turn led to a solid rise in selling prices. At 51.5 in December, the headline seasonally adjusted S&P Global Flash Japan PMI Composite Output Index slipped from a ... (full story)
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