services sector

Japan’s factory activity dips; services sector growth bolsters September momentum

Japan’s factory activity dipped in September, with softer production, though the service sector’s growth bolstered overall business momentum, revealed a survey on Tuesday. The au Jibun Bank flash Japan manufacturing purchasing managers’ index dropped slightly to 49.6 in September from 49.8 in August, marking the third consecutive month below the 50.0 threshold, which separates growth from contraction. The subindex for…