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Japan Service Activity Slows In September - Nikkei

The services sector in Japan continued to expand in September, but at a sharply slower pace, the latest survey from Nikkei revealed on Friday with a two-year low services PMI score of 50.2.

That's down from 51.5 in August, although it remains barely above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, demand and employment continued to rise, although price pressure remained elevated.

The survey also said that the composite index fell to 50.7 in September, down from 52.0 in August.

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