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The services sector in Japan continued to expand in August, and at a faster rate, the latest survey from Nikkei revealed on Wednesday with a PMI score of 51.5.
That's up from 51.3 in July, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, new business growth accelerated and recruitment increased at a faster pace. Business confidence remained solid.
Also, the composite index moved up to 52.0 in August from 51.8 in July.
