The services sector in Japan continued to broaden in September, but at a dramatically slower speed, the latest study from Nikkei exposed on Friday with a two-year low services PMI rating of 50.2.
That’s below 51.5 in August, although it stays barely above the boom-or-bust line of 50 that separates expansion from contraction.
Separately, demand and employment continued to rise, although cost pressure stayed raised.
The study likewise said that the composite index was up to 50.7 in September, down from 52.0 in August.
The material has been supplied by InstaForex Company – www.instaforex.com