04-April-2026
Economy News
 
Japan's Services Growth Slows as Middle East War Dents Confidence, PMI Shows
03-Apr-2026

Japan's services sector grew at its weakest pace in three months in March, a private survey showed on Friday, as rising uncertainty over the Middle East war crushed business confidence to its lowest level since the pandemic. Here are the key details: • The S&P Global final Japan Services Purchasing Managers' Index (PMI) fell to 53.4 in March from a 21-month high of 53.8 in February, but topped the flash reading of 52.8 and marked the 12th month of expansion. Readings above 50.0 indicate growth in activity, while those below point to a contraction.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-02/japans-services-growth-slows-as-middle-east-war-dents-confidence-pmi-shows