Global Finance News
05 Aug 2026, 10:24
Japan Services PMI Falls More Than Expected in July as Services Sector Growth Slows
Japan's services sector expanded for the fourth consecutive month in July, although growth lost momentum more than expected.
The S&P Global Japan Services PMI came in at 51.2, below the 51.9 market consensus and down from 52.2 in June. While the reading remains above the 50-point threshold that separates expansion from contraction, it signals that activity in the country's services sector continued to slow during the month.
Japan's services sector expanded for the fourth consecutive month in July, although growth lost momentum more than expected.
The S&P Global Japan Services PMI came in at 51.2, below the 51.9 market consensus and down from 52.2 in June. While the reading remains above the 50-point threshold that separates expansion from contraction, it signals that activity in the country's services sector continued to slow during the month.
