Jibun / Markit Japan services PMI for June: 54.0 (prior 52.6)

Prior to the services PMI we had the manufacturing PMI last week:

• Japan June Manufacturing PMI 52.7 (prior 53.3)

Service PMI for June now comes in at 54.0. Preliminary and priors can be found here:

• Japan preliminary Jibun PMIs for June.

Composite is 53.0

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More:

• service sector activity grows at fastest rate in over 8 years (since October 2013)
• composite PMI fastest in 7months

Less encouragingly:

• firms' average input prices to increase ... pushed firms to raise prices charged for services at the quickest rate since October 2019,