Japan's service sector improved in November, with the main figure rising to 50.5, according to a preliminary report released by S&P Global on Wednesday.
The seasonally adjusted figure showed the Jibun Bank Japan Services Business Activity Index landing above the neutral 50 marking an overall growth in the sector and an increase from last month's figure of 50.2.
"The Japanese services economy experienced a renewed upswing in growth in the penultimate month of the year, as a sustained improvement in demand and stronger client confidence led to a renewed increase in output and held new business growth at a steady pace," an economist at S&P Global Market Intelligence, Usamah Bhatti, said in the report.
