trending Market Intelligence /marketintelligence/en/news-insights/trending/pZNuA2H34kMNfaQ2bZvJ4A2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Japan's services sector growth eases in July

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Japan's services sector growth eases in July

Japanese services sector activity expanded modestly in July amid slowing growth in demand, new businesses and employment, survey data compiled by Jibun Bank Corp. and IHS Markit showed.

The seasonally adjusted Jibun Bank Japan Services Purchasing Managers' Index fell to 51.8 in July from 51.9 in June. The month-over-month expansion was "broadly in line" with the average growth recorded in the year so far, the survey said. A reading below 50 indicates contraction, while a reading above 50 reflects expansion.

Employment levels rose for the 31st consecutive month in July, though job creation recorded the weakest growth since October 2018 and the increase in new business slowed to a one-year low. Outstanding work stabilized during the month, while business confidence over the coming year eased to near a two-year low.

The Jibun Bank Japan Composite Output Index, which includes manufacturing and services activities, fell to 50.6 in July from 50.8 in June, on the back of softer growth in new work and demand in the services sector and falling orders in the manufacturing sector.