The services sector in Japan continued to expand in August, and at a faster pace, the latest survey from Nikkei showed on Thursday with a PMI score of 53.7.
That's up from 51.2 in July, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Among the individual components, new business surged for service providers, while cost pressures were down. Charges were up at a slower rate.
The composite index came in with a score of 52.9, up from 51.5.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.