Japan January Services PMI 53.1 (prior 51.5)

  • USD/JPY is hitting a >2 month high as the USD is bid right across the board

Jibun / S&P Global January 2024 PMIs, final, for Japan

Services 53.1

  • preliminary was 52.7
  • 51.5 prior

Composite 51.5

  • preliminary was 51.1
  • prior 50.0

Key points highlighted in the report:

  • Activity growth sharpest since last September
  • Fastest rise in outstanding business for seven months
  • Business confidence highest since last May
Japan composite PMI 05 February 2024 2

Earlier:

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