Japan Service Activity Shrinks On Softer Sales, Confidence Slips Further, PMI Shows
A private survey on Wednesday showed that Japan’s service activity contracted in October due to weaker sales. Business confidence slipped to the lowest level since March 2022 due to concerns over a labour shortage. The final au Jibun Bank Service Purchasing Managers’ Index (PMI) dropped to 49.7 in October from 53.1 in September, according to […]