Home / Market Update / Japan’s Services PMI Fell to 45 in August

Japan’s Services PMI Fell to 45 in August

Japanese service activity contracted at a rapid pace last month, dropping the service purchasing managers’ index to 45.0 in August from 45.4 in July.

The Japanese service activity was affected by the uncertainty and weak demand surrounding the business sector due to the Corona pandemic.

Check Also

Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data

Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite …