Japan’s PMI Services was finalized at 53.7 in February, up from January’s 53.0, marking a six-month high. PMI Composite also improved from 51.1 to 52.0, the strongest reading since September 2024. According to Usamah Bhatti, Economist at S&P Global Market Intelligence, service sector businesses saw higher sales volumes, with export demand contributing to the expansion. […]
The post Japan’s PMI service finalized at 53.7, sector strengthens but confidence wanes on labor shortages and trade risks appeared first on Action Forex.
