TOKYO (dpa-AFX) - The services sector in Japan continued to expand in November, albeit at a fractionally slower pace, the latest survey from Nikkei showed on Wednesday with a PMI score of 52.3.
That's down from 52.4 in October, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, business activity continued to grow at a solid rate as demand conditions remained supportive. Confidence strengthened to a 10-month peak.
Also, the composite index eased to 52.4 in November from 52.5 in October.
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