TeleTrade - Analytics

TeleTrade

518.25 6.75/10
57% of positive reviews
Real

03.12.2015 15:49 Final Markit/Nikkei services purchasing managers' index for Japan falls to 51.6 in November

The final Markit/Nikkei services Purchasing Managers' Index (PMI) for Japan fell to 51.6 in November from 52.2 in October.

 

A reading below 50 indicates contraction of activity.

 

The decline was driven by a weaker growth in activity and new business.

 

"Business activity at Japanese services firms increased at a slower rate in November, underpinned by a softer expansion in new orders. Subsequently, employment levels fell for the second month running," economist at Markit, Amy Brownbill, said.



To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree