The S&P Global Japan Services PMI edged down to 53.0 in September 2025 from a final 53.1 in the prior month, a preliminary reading showed. It marked the lowest figure since June despite pointing to the sixth straight month of increase in the services sector. New orders rose solidly and employment increased slightly, although overseas demand contracted. Cost pressures persisted amid higher labor, raw material, and fuel expenses, prompting service providers to raise output prices. Looking ahead, business confidence improved modestly.
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