Japan Services PMI Rises to 51.7 in October Amid Slowing Composite Growth
Japan's services sector showed modest growth in October 2026, with the S&P Global Services PMI climbing to 51.7. While this indicates continued expansion in the service industry, the figure fell short of the earlier flash reading of 52.0. Despite the uptick in services, the overall Composite PMI decelerated to a five-month low of 52.1. However, private-sector expansion remains resilient, marking its 19th consecutive month of growth as the economy navigates shifting momentum across different sectors.