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2026.01.0701:05:24UTC+00Japan Composite PMI Revised Lower

Japan's S&P Global Composite PMI fell to 51.1 in December 2025, slightly below both the preliminary estimate of 51.5 and November's figure of 52.0. Despite being the lowest since May, it still reflects the tenth consecutive month of expansion in the private sector. Growth momentum decelerated as activity within the services sector slowed significantly, while manufacturing output remained largely stable. New orders increased after two months of decline, and the reduction in foreign demand was the slowest seen in nine months. Employment saw its fastest growth in over two and a half years, primarily fueled by hiring in the service sector. In terms of pricing, input cost inflation reached a seven-month peak, and output prices continued to rise robustly.

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