Japan Jibun / S&P Global Services PMI for April 52.4 (flash was 52.2, prior 50.0)

Japan Jibun / S&P Global Services PMI for April 52.4

• flash was 52.2, prior 50.0

Composite PMI 51.2

• prior 51.1

Annabel Fiddes, Associate Director at S&P Global Market
Intelligence, comments in the report on the latest Japan PMI survey:

• Japan’s private sector returned to expansion in April, driven solely by a rebound in services activity.

• Services saw a notable improvement in demand, while manufacturing contracted more sharply amid U.S. tariff headwinds.

• Overall output growth remains subdued, with services carrying the momentum for five of the past six months.

• Business confidence declined across both sectors, reflecting concerns over global economic conditions and tariff-related risks.

• Input price inflation hit a two-year high in April, prompting firms to raise prices to protect margins.

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Last week we had the JIbun PMI Manufacturing April 2025 Final come in at 48.7

• prior 48.4, preliminary 48.5

This article was written by Eamonn Sheridan at www.forexlive.com.