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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.

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