Services PMI 52.3 vs. prior 51.6
- and Composite 50.7 vs. 50.9 prior
Japanese services sector activity expanded, with new business growing at its fastest pace in almost six years
Services PMI
- now above 50 for the 29th successive month
- sub index of new business increased to 54.5 from 52.1 in January, reaching its highest since May 2013
Composite PMI
- lower on the manufacturing PMI (contracted at the fastest pace in two-and-a-half years)