Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Jibun Bank Japan Services"


7 mentions found


TOKYO, July 5 (Reuters) - Japan's service activity maintained a brisk pace of growth in June as the relaxation of pandemic-related restrictions revived consumer demand, a private-sector survey showed on Wednesday. The final au Jibun Bank Japan Services purchasing managers' index (PMI) fell to a seasonally adjusted 54.0 last month from a record-high 55.9 in May. That compared with the flash reading of 54.2 and remained well above the 50 threshold separating expansion from contraction for the 10th straight month. The composite PMI, which combines the manufacturing and services activity figures, slowed last month after peaking in May. The index dropped to 52.1 in June from 54.3 in May, staying above the break-even 50 mark for the sixth straight month.
Persons: Usamah Bhatti, Satoshi Sugiyama, Sam Holmes Organizations: Jibun Bank Japan Services, P Global Market Intelligence, Bank of Japan, PMI, Thomson Locations: TOKYO
Japan's service activity expands at record pace in May
  + stars: | 2023-06-05 | by ( ) www.reuters.com   time to read: +2 min
TOKYO, June 5 (Reuters) - Japan's service sector activity expanded at a record pace in May, a private-sector survey showed on Monday, thanks to a recovery in overseas demand and a surge of foreign tourists as pandemic restrictions were eased further. "The upward trend looks set to continue in the near and medium term," as outstanding business expanded at a record rate and business optimism held near an all-time high. The subindex measuring outstanding business rose at the fastest pace on record as disruptions caused by the pandemic continued to wane. Business expectations for the coming year remained robust, though the pace of increase slowed slightly from April, the survey showed. The composite PMI, which combines the manufacturing and services activity figures, expanded at the fastest pace since October 2013.
Persons: Usamah Bhatti, Kaori Kaneko, Kim Coghill Organizations: Jibun Bank Japan Services, P Global Market Intelligence, Service, PMI, Thomson Locations: TOKYO, Japan
Japan's service activity grows at record pace in April
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: +2 min
TOKYO, May 8 - Japan's services activity grew at a record pace in April, a private-sector survey showed on Monday, helped by a boost in consumer spending following the end of COVID-19 pandemic restrictions. New orders expanded at the fastest pace on record, the survey showed, citing a sharp return of spending for travel and tourism. "Around four times as many service providers expect an increase in activity as those that forecast a decline," Moore said. The subindex for employment expanded for a third month and at the fastest pace in four years, helped by stronger demand and confidence. The composite PMI, which combines the manufacturing and services figures, grew at the fastest pace since June 2022.
Japan's service activity grows at record pace in April - PMI
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: +2 min
TOKYO, May 8 - Japan's services activity grew at a record pace in April, a private-sector survey showed on Monday, helped by a boost in consumer spending following the end of COVID-19 pandemic restrictions. New orders expanded at the fastest pace on record, the survey showed, citing a sharp return of spending for travel and tourism. "Around four times as many service providers expect an increase in activity as those that forecast a decline," Moore said. The subindex for employment expanded for a third month and at the fastest pace in four years, helped by stronger demand and confidence. The composite PMI, which combines the manufacturing and services figures, grew at the fastest pace since June 2022.
April 5 (Reuters) - Japan's services sector activity at the fastest pace in over nine years in March, a private sector survey showed on Wednesday, suggesting that the post-COVID bounce was gathering steam and providing some offset to a still-weak factory sector. The final au Jibun Bank Japan Services purchasing managers' index (PMI) rose to a seasonally adjusted 55.0 last month, from February's 54.0, marking the quickest rate of expansion since October 2013. The subindexes of new orders and overseas demand grew for a seventh month, rising at the fastest pace since February 2019 and December 2022, respectively. The subindex for employment expanded for a second month and at the fastest pace in ten months, as workloads and business expansion plans increased. The composite PMI, which combines the manufacturing and services figures, grew at the fastest pace since June 2022.
NANJING, CHINA - JANUARY 31: People purchase lanterns at Nanjing Confucius Temple ahead of the Lantern Festival on January 31, 2023 in Nanjing, Jiangsu Province of China. (Photo by VCG/VCG via Getty Images)Stocks in the Asia-Pacific were mixed on Friday after Wall Street's rally driven by technology stocks. The Nikkei 225 in Japan rose 0.28% and the Topix fell 0.09%. In South Korea, the Kospi also fell 0.06% at the open while the Kosdaq rose fractionally. The au Jibun Bank Japan Services Purchasing Managers' Index for January is slated to be published, after four months of readings marking growth.
Japan's service-sector activity growth hits 4-month high -PMI
  + stars: | 2022-11-04 | by ( ) www.reuters.com   time to read: +1 min
TOKYO, Nov 4 (Reuters) - Japan's services sector activity grew at the fastest clip in four months in October, a private survey showed on Friday, as the easing of restrictions on foreign tourism and an improvement in domestic travel boosted sentiment. Despite the pickup in activity, however, high import costs heaped pressure on the sector as prices of fuel, energy and raw materials increased. "However, inflationary pressures currently being faced by Japan's service providers continued to present downside risks to the sectors potential growth." October's final reading was slightly better than a 53.0 flash figure released last month, the survey showed. The composite PMI, which is calculated by combining the manufacturing and services readings, stood at 51.8 in October, up from the previous month's 51.0 final.
Total: 7