Japan services PMI rises to 52.5 in August, S&P Global says
S&P Global’s Japan services PMI for August came in at 52.5, up from 51.2 in July, indicating continued expansion above the 50 threshold separating growth from contraction.
TOKYO (dpa-AFX) - The services sector in Japan continued to expand in August, and at a faster pace, the latest survey from S&P Global revealed on Thursday with a Purchasing Managers Index score of 52.5.That's up from 51.2 in July, and it moves further above the boom-or-bust line of 50 that separate…