Japan Services Growth Hits Five-Month High
Japan's services sector expanded at its fastest pace in five months during August as stronger domestic demand lifted business activity. The S&P Global final services PMI rose to 52.5, supporting the case for further interest rate hikes.
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Japan's services sector expanded at a five-month high in August as domestic demand drove business activity. The final services PMI rose to 52.5 from 51.2 in July, according to S&P Global Inc.
