Japan – Jibun Bank/Markit PMIs Services 48.3 and Composite 49.9 (final) for March

Both improved on the flash readings, but of course both indicating contractions still:

Services 48.3 (previous 46.3, preliminary 46.5 reading)

  • most components of the service-sector survey remained in contraction
  • but all of them rose
  • outlook component expanded at the fastest pace since May 2013

Composite 49.9 

  • previous 48.2 

Source

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