Japan PMI services dropped to 33.8, GDP contracting at 8% annualized rate

<p>Japan PMI Services dropped to 33.8 in March, down from 46.8. The index was close to record low seen in February 2009 (33.7). PMI Composite dropped to 36.2, down from 47.0. Markit said that output fell at near record pace as coronavirus pandemic hits demand. Employment declined as operating requirements slumped. Also, business activity was [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/284826-japan-pmi-services-dropped-to-33-8-gdp-contracting-at-8-annualized-rate/">Japan PMI services dropped to 33.8, GDP contracting at 8% annualized rate</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>