Japan Private Sector Shrinks Most In Nearly 5 Years

(RTTNews) - Japan's private sector declined in February at the strongest pace since April 2014, driven by the contraction in services output, survey results from IHS Markit showed on Friday. The au Jibun Bank flash composite output index fell to 47.0 in February from 50.1 in January. A score below 50 indicates contraction in the sector.