Japan's manufacturing PMI contracts in Jan, services sector growth hits four-month high

he au Jibun Bank Japan Manufacturing PMI unexpectedly declined to 48.8 in January 2025 from a final 49.6 last December, which was the highest reading in three months and the seventh consecutive month of contraction in factory activity, a flash reading showed. The reading misses market forecasts of 49.7, as output fell the most since last April.
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