Japan's Private Sector Activity Growth Accelerates in August, Flash PMI Shows
MT Newswires Live08:49
Japan's private sector output gathered pace in August, according to preliminary data from S&P Global published Friday.
The headline seasonally adjusted S&P Global Flash Japan PMI Composite Output Index came in at 53.4 in August, up from 52.7 a month ago.
Overall output rose at the fastest pace since February, driven by another sharp increase in factory output and a steeper rise in service sector activity, the data showed.
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