India, Nov. 4 -- The services sector in Japan continued to expand in October, and at a faster rate, the latest survey from S&P Global revealed on Thursday with a services PMI score of 51.7.
That's up from 51.3 in September and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Greater intakes of new work and efforts to expand customer bases had lifted activity levels in October. Despite quickening on the month, the rate of growth remained modest and slower than the average seen in 2026 to date. The amount of new orders placed with Japanese services companies likewise rose at a slightly faster, but still modest, pace. There were mentions of new business development and greater volumes of client en...