KONTAN.CO.ID - TOKYO. Japan's services sector activity grew at the fastest pace in eight months in February, a private sector survey showed on Friday, as the economic impact of the coronavirus pandemic receded globally. The final au Jibun Bank Japan Services purchasing managers' index (PMI) rose in February to a seasonally adjusted 54.0 from January's 52.3. The final figure was higher than the flash reading of 53.6 and well above the 50-mark that separates expansion from contraction for a sixth straight month.
Japan's February Service-Sector Activity Grows at Fastest Rate in 8 Months
KONTAN.CO.ID - TOKYO. Japan's services sector activity grew at the fastest pace in eight months in February, a private sector survey showed on Friday, as the economic impact of the coronavirus pandemic receded globally. The final au Jibun Bank Japan Services purchasing managers' index (PMI) rose in February to a seasonally adjusted 54.0 from January's 52.3. The final figure was higher than the flash reading of 53.6 and well above the 50-mark that separates expansion from contraction for a sixth straight month.