Japan's Private Sector Activity Growth Accelerates in August, Flash PMI Shows

MT Newswires Live

08/21

Japan's private sector output gathered pace in August, according to preliminary data from S&P Global published Friday.

The headline seasonally adjusted S&P Global Flash Japan PMI Composite Output Index came in at 53.4 in August, up from 52.7 a month ago.

Overall output rose at the fastest pace since February, driven by another sharp increase in factory output and a steeper rise in service sector activity, the data showed.

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