View full page at forexfactory.com

 

Japan's service activity growth fastest in 7 months as demand picks up - PMI

From channelnewsasia.com

Japanese service sector activity expanded at its quickest pace in seven months in March, underpinned by strong demand particularly for inbound tourism, a business survey showed on Wednesday. The service sector has been the driving force behind the country's recent economic growth, helping offset the drag in manufacturing hampered by weak global demand. The final au Jibun Bank Service purchasing managers' index (PMI) rose to 54.1 in March from 52.9 in February, marking the 19th consecutive month of increase, according to index publisher S&P Global Market Intelligence. It remained above the 50.0 threshold ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis