Japan S&P Global Services PMI Final for October 2025 53.1
flash was 52.4 prior was 53.3
Composite 51.5
flash was 50.9
—
Japan’s services sector continued to expand in October, marking a seventh straight month of growth, though momentum slowed as new business orders weakened and inflation pressures returned, according to the latest S&P Global survey.
The final Japan Services Purchasing Managers’ Index (PMI) signalling solid activity despite softer demandNew orders grew at their slowest pace in 16 months, while foreign demand fell for a fourth consecutive month, albeit at a slower rate.Price pressures intensified as input and output costs rose more quickly, driven by higher expenses for labour, raw materials, food, and fuel. Business confidence also eased from September’s eight-month high, with firms citing labour shortages and subdued demand. Employment continued to rise but at a slower rate.
The composite PMI, which combines manufacturing and services data, inched up, steady service-sector growth helped offset a deeper decline in factory output.
Earlier:
Japan final manufacturing PMI for October 48.2 (down from 48.5 in September)
This article was written by Eamonn Sheridan at investinglive.com.