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<div>Japan Jibun / S&P Global Services PMI for May: 55.9 (prior 56.3)</div>

Japan Jibun / S&P Global Services PMI for May: 55.9 (prior 56.3)

Japan PMI’s for May (final)

Services 55.9, a record high for this indicator

  • preliminary 56.3 was higher but this has been trimmed in the final results
  • prior 55.4

  • Service sector firms hired more staff for the fourth month in a row. The rate of job creation the second fastest since September 2007.
  • Input prices and prices charged for services continued to rise but at a slower pace than in April.

Composite 54.3

  • preliminary 54.9
  • prior 52.9

The manufacturing PMI was out last week:

jpy

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

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