Japan September services PMI demonstrates the slowest surge for 11 months

Japan September services PMI demonstrates the slowest surge for 11 months

In September, Japan's services sector expanded at the slowest rate for 11 months because the tempo of new orders relieved, although a raft of other data states that the Japanese economic revival remains intact even as momentum might have ebbed moderately in the third quarter.

Released on Wednesday, the Markit/Nikkei survey disclosed that its Japan Services Purchasing Managers Index inched down to a seasonally adjusted 51.0 versus August’s reading of 51.6.

In one upbeat sign, the index for business sentiment tacked on to 53.3 versus 52.4 in the previous month, hinting that companies are assured that the lull in activity happens to be temporary.

Softer surge in new work contracted activity to its slowest growth rate for almost a year. Meanwhile, job creating was still moderate.

The composite PMI, including both services and manufacturing, dived to 51.7 in September versus August’s outcome of 51.9.


German economy dodges recession

In the final quarter of 2018, the German economy stalled, narrowly dodging recession because the fallout from global trade clashes and Brexit threatened to heavily impact a decade-long expansion in the EU’s number one economy…

Latest news

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera