Japan’s PMI Services for November was finalized at 50.8, down from October’s 51.6, marking the weakest reading since November 2022. PMI Composite also fell to 49.6, down from 50.5 in the previous month, indicating the first contraction since December 2022. Trevor Balchin, Economics Director at S&P Global Market Intelligence, contextualized these numbers, stating, “November data […]
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