BBJP - Flash Japan PMI Shows Services Growth Offsets Factory Decline But Outlook Darkens
Japanese business activity grew in July at the fastest rate since last December, according to new survey data, though indicators of new orders and business sentiment suggest the improvement could be short-lived. Price pressures have, meanwhile, slipped lower, led by falling goods prices.
Steady start to third quarter
A steady start to the third quarter was indicated by the Jibun Bank flash PMI, compiled by IHS Markit, which showed growth of the combined output of the manufacturing and service sectors edging up to one of the fastest seen so far this year. The composite