The final au Jibun Bank Service purchasing managers’ index (PMI) rose to 53.0 in January from 50.9 in December, the highest level since September last year, the survey compiled by S&P Global Market Intelligence showed. “The strength of the service sector continued to underpin growth of the overall private sector,” said Usamah Bhatti, economist at S&P Global Market Intelligence. The services industry has been a bright spot for Japan’s economy, offsetting some of the weakness in the manufacturing sector.Read More
