Japan’s services sector growth slows in May ’25 – PMI

Japan’s services sector eased in May 2025, with the headline au Jibun Bank Japan Services Business Activity Index falling to 51.0 from 52.4 in April, S&P Global announced on Wednesday.

Growth was recorded across all sub-sectors except information & communication. Companies attributing higher activity levels cited improved customer numbers and increased new work.

“Japan’s private sector lost momentum in May, with latest PMI data signalling only a fractional rise in overall business activity,” said Economics Associate Director at S&P Global Market Intelligence Annabel Fiddes.

Attribution: Amwal Al Ghad English
Subediting: M. S. Salama