Japan Jibun Bank / Markit PMI for June

Services above the flash reading at 48.0

  • the preliminary inched higher and still showed contraction at 47.2
  • prior 46.5

Composite 48.9, 2nd consecutive month of contracion.

  • preliminary 47.8
  • prior 48.8

The services PMI remains in contraction, now for the 17 month in a row.

  • slower contraction in new business, including from overseas
  • rate of job creation hit a four-month low

More on the preliminary and prior can be found here.