Japan PMI Growth Slows, But Hiring and Price Pressures Stay Firm
Japan’s services sector lost momentum in September, with PMI Services falling from 52.5 to 51.3, while PMI Composite eased from 53.5 to 52.3. Services activity nevertheless expanded for a fourth straight month, while overall private-sector output grew for an eighteenth consecutive month. New business also increased at a slower pace, with domestic demand continuing to…