India, May 6 -- The services sector in Japan continued to expand in April, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a services PMI score of 54.3.
That's up from 54.1 in March, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Total new work increased at the fastest pace since June 2023. Moreover, the rate of growth has now accelerated for six months in a row. Survey respondents typically noted improving domestic economic conditions and resilient customer demand. Export sales also provided a positive contribution to overall new business growth in April, with the latest increase the strongest for nine months.
A number of firms reported a boost to sales ...