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Japan Private Sector Growth Weakest In 4 Months

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

Japan's private sector grew at the slowest pace in four months in September as the strong rise in services activity was partially offset by a steeper fall in manufacturing production, flash survey data published by S&P Global showed on Wednesday.

The flash composite output index fell to 51.1 in September from a six-month high of 52.0 in August.

Nonetheless, the indicator remained above the crucial 50.0 mark that separates growth from contraction.

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