Japan May PMI Slows to 5‑Month Low

Japan's manufacturing PMI slipped to 54.5 in May, down from 55.1 in April, yet remained above the 50 growth threshold.
The services PMI fell to 50.0 in May, down from 51.0, ending a 13‑month streak of overall expansion.
Composite PMI dropped to 51.1 in May from 52.2, marking the slowest private‑sector growth pace in five months.
Input costs rose at the fastest rate since late 2022, prompting firms to raise prices at the sharpest pace in 19 years.