logo
Plus   Neg
Share
Email

Japan Services PMI Climbs To 51.6 In December - Nikkei

The services sector in Japan continued to expand in December, and at a stronger pace, the latest survey from Nikkei revealed on Tuesday with a services PMI score of 51.6.

That's up from 51.0 in November and it moves farther above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, export sales declined, although the 12-month outlook remained positive. Investment plans and forecasts of improved underlying demand underpinned optimism during January.

The survey also said its composite index dipped to a score of 50.9 in January from 52.0 in December.

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.

Follow RTT