Japan services PMI misses forecasts in September as private-sector growth slows - uk.finance.yahoo.com

Investing.com -- Japan's services sector growth slowed in September and came in below expectations, as weaker gains in business activity and new orders offset faster job creation, the S&P Global Japan Services Purchasing Managers' Index (PMI) showed on Monday. The services business activity index fell to 51.3 in September from 52.5 in August, missing economists' forecast of 51.6. The index remained above the 50 threshold that separates growth from contraction for a fourth straight month. Data were collected from September 8-25. Growth in new orders also slowed in September, with firms citing softer-than-expected customer demand and disruption from the Kumamoto earthquake.