April composite PMI 52.3 vs 51.7 in March (Il Sole 24 Ore Radiocor) - London, 07 May - In April, Japan's purchasing managers' index (PMI) for the services sector rose to 54.3 from 54.1 in March, according to data released by S&P Global and its partner au Jibun Bank.

The reading is below the preliminary estimate of 54.6 for April.

The composite output index, a weighted average of services PMI and manufacturing output, advanced to 52.3 in April from 51.7 in March but was below the preliminary estimate of 52.6 A reading above 50 signals expanding sector activity and a reading below 50 a contraction.

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(RADIOCOR) 07-05-24 08:08:39 (0125) 5 NNNN