Reported about 2 months ago
In August, Japan's manufacturing activity continued to decline at a slower pace, as the au Jibun Bank's PMI indicated a shift from 49.1 to 49.5, remaining below the growth threshold. The service sector, however, showed signs of expansion with a PMI increase to 54.0, reflecting strong new business inflows. Rising price pressures and labor constraints persisted, raising concerns for firms, particularly in the service sector. Overall, the composite PMI improved to 53.0, indicating a mixed but slightly positive outlook for Japan's economy.
Source: YAHOO