Jibun Bank S&P Global PMI Flash / Preliminary for August 2024 for JapanManufacturing PMI 49.5 prior 49.1Services 54.0 prior 53.7Composite 53.0prior 52.5Commentary from the report, in summary:Business Activity: Continued solid expansion in Japanese private sector firms in August 2024.Growth Drivers: Services sector activity accelerated; manufacturing output returned to growth after a brief decline in July.Demand Trends: Divergence observed; solid rise in new business for services, but subdued demand in the goods-producing sector.Business Confidence: Optimism remained above average but eased to a 19-month low due to concerns over labor constraints and rising price pressures.Labor and Employmen
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