Financial News: Japan Private Sector Growth Softens

Japan Private Sector Growth Softens

03/24/2026 - 02:40:00 (RTTNews)

(RTTNews) - Japan's private sector growth cooled in March as growth trajectories slowed across manufacturing and service sectors, flash survey results from S&P Global showed Tuesday.

The flash composite output index fell to 52.5 in March from a 33-month high of 53.9 in February.

The index has remained in the growth territory in each month for the past year but the latest score was the lowest since December.

Both the manufacturing and service sector activity increased at softer rates in March. The services Purchasing Managers' Index fell to 52.8 from 53.8 in the previous month. The factory PMI posted 51.4 in March, down from 53.0 in February.

The slowdown coincides with the recent outbreak of the war in the Middle East, which contributed to a sharp rise in input costs, S&P Global Market Intelligence Economics Associate Director Annabel Fiddes said.

Japanese firms registered weaker increases in new orders and employment, while confidence around the year-ahead slipped to the lowest for nearly a year amid concerns around the war in the Middle East.

Input prices increased the most in eleven months in March. Despite stronger cost pressures, composite output charges increased at the softest rate in three months.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Building Approval Data Due On Monday (01 hr(s), 40 min(s), 12 sec(s) ago)
(RTTNews) - Australia will on Monday release March figures for building approvals, highlighting a ...Full Story»

U.S. Manufacturing Index Unexpectedly Unchanged In April (08 hr(s), 55 min(s), 12 sec(s) ago)
(RTTNews) - Manufacturing activity in the U.S. expanded for the fourth consecutive month in April, ...Full Story»

UK Mortgage Approvals Rise Unexpectedly (11 hr(s), 32 min(s), 12 sec(s) ago)
(RTTNews) - UK mortgage approvals rose unexpectedly in March, reaching a four-month high, while co ...Full Story»

UK Manufacturing Activity Growth Near 4-Year High (13 hr(s), 17 min(s), 12 sec(s) ago)
(RTTNews) - The UK manufacturing activity growth reached a near four-year high in April, driven by ...Full Story»

UK House Price Growth Rises Despite Middle East Uncertainty (15 hr(s), 41 min(s), 12 sec(s) ago)
(RTTNews) - UK house prices logged a faster growth in April despite geopolitical tensions in the M ...Full Story»

Ireland Manufacturing Activity Expands Most Since 2022 (17 hr(s), 34 min(s), 12 sec(s) ago)
(RTTNews) - Ireland's manufacturing activity grew at the fastest pace since May 2022, underpin ...Full Story»

European Economic News Preview: UK Mortgage Approvals Data Due (18 hr(s), 06 min(s), 12 sec(s) ago)
(RTTNews) - Mortgage approvals and final manufacturing Purchasing Managers' survey results fro ...Full Story»

Japan Manufacturing PMI Jumps To 55.1 In April - Jibun Bank (03 min(s), 48 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to expand in April, and at a faster pace, ...Full Story»