Japan's service sector activity gained strength in December driven by uplift in tourism and strong improvement in Covid-19 conditions, survey results from S&P Global showed on Friday.
The au Jibun Bank services Purchasing Managers' Index rose to 51.1 in December from 50.3 in November.
A reading above 50.0 suggests expansion in the sector. The latest score was indicative of a fourth consecutive rise in activity.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.