Financial News: Japan Services PMI Climbs To 50.9 In December

Japan Services PMI Climbs To 50.9 In December - Jibun Bank

01/05/2025 - 19:37:00 (RTTNews)

(RTTNews) - The services sector in Japan continued to expand in December, and at a faster rate, the latest survey from Jibun Bank revealed on Monday with a services PMI score of 50.9.

That's up from 50.5 in November, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Total new work increased for the sixth successive month, and the rate of growth in December was the strongest since August. New business growth strengthens to four-month high Inflationary pressures remain stable, but historically elevated Robust optimism regarding year ahead outlook Including au Jibun Bank Japan Composite PMI® Household Services Expenditure % yr/yr Survey respondents typically noted new customer intakes, most notably in the domestic market. Export sales continued to provide a negative contribution to overall new business growth at the end of 2024, extending the current sequence of decline to three months.

Service providers added to their payroll numbers for the fifteenth consecutive month, with the rate of job creation modest overall. Anecdotal evidence suggested that firms looked to take on additional staff in line with business expansion efforts.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Cyprus December Unemployment Falls (01 hr(s), 44 min(s), 37 sec(s) ago)
(RTTNews) - Joblessness in Cyprus declined at the end of the year 2024, preliminary figures from t ...Full Story»

U.S. Job Openings Unexpectedly Increase In November (02 hr(s), 13 min(s), 37 sec(s) ago)
(RTTNews) - Job openings in the U.S. unexpectedly increased in the month of November, according to ...Full Story»

U.S. Services Index Rises More Than Expected In December (02 hr(s), 22 min(s), 37 sec(s) ago)
(RTTNews) - The Institute for Supply Management released a report on Tuesday showing its reading o ...Full Story»

U.S. Trade Deficit Widens In November As Imports Rebound More Than Exports (02 hr(s), 54 min(s), 37 sec(s) ago)
(RTTNews) - With imports rebounding by more than exports, the Commerce Department released a repor ...Full Story»

Brazil Producer Prices Continue To Rise (03 hr(s), 47 min(s), 37 sec(s) ago)
(RTTNews) - Brazil's producer prices increased for the tenth straight month in November, figur ...Full Story»

Croatia December Inflation At 8-Month High (04 hr(s), 01 min(s), 37 sec(s) ago)
(RTTNews) - Consumer price inflation in Croatia accelerated for a third straight month in December ...Full Story»

Eurozone Consumers' Inflation Expectations Rise: ECB Survey (04 hr(s), 04 min(s), 37 sec(s) ago)
(RTTNews) - Inflation expectations among euro area consumers increased slightly in November, the l ...Full Story»

U.S. Trade Deficit Widens Roughly In Line With Estimates In November (04 hr(s), 07 min(s), 37 sec(s) ago)
(RTTNews) - With imports surging by more than exports, the Commerce Department released a report o ...Full Story»