Services

The BOJ said a weak yen has an increasing impact on Japan’s inflation not just through higher import costs but through second-round effects such as the pass-through of labour costs.

Japan’s leading indicator of service inflation hits 2.6% in December

Consumer inflation has also exceeded 2 per cent for nearly four years

The RatingDog China General Services PMI, compiled by S&P Global, edged down to 52.0 in December from 52.1 the previous month, marking the weakest reading since June.

China’s services growth hits 6-month low in December: private PMI

[BEIJING] China’s services activity expanded at its slowest pace in six months in December, as growth in new business softened and foreign demand declined, a private-sector survey showed on Monday.

Prices continued to rise for labour-intensive industries such as hotel and construction work, data showed.

Japan’s leading indicator of service inflation hits 2.7% in October

Consumer inflation has also exceeded 2 per cent for over three years

MOM regularly reviews DRCs based on Singapore’s economic needs, workforce outcomes, and infrastructural and social constraints, says Manpower Minister Tan See Leng.

Landscaping, conservancy to get ‘targeted flexibilities’ in foreign worker quotas

This means they may not be subject to the overall dependency ratio ceiling of 35% for the services sector

China remains on track to meet its economic target of around 5 per cent this year, though a prolonged property slump, weak domestic demand, and trade uncertainty continue pressuring policymakers to introduce more stimulus.

China’s services growth hits three-month low in October, PMI shows

Policymakers last month unveiled their economic plan for 2026-2030, prioritising manufacturing and technology self-reliance while pledging to boost consumption

Employment in the service sector has expanded slightly as firms responded to increased sales and anticipated future demand, according to survey respondents.

Japan’s service sector extends gains in September: PMI

The rate of input cost inflation has eased slightly, but companies continued to note high costs for labour, raw materials and fuel

New business growth slowed marginally in September from August, but new export orders rose at the fastest pace in seven months, helped by a recovery in tourism.

China’s service activity growth moderates: private PMI

[BEIJING] China’s services activity grew in September but at a slightly slower pace, a private survey showed on Tuesday, with job losses weighing on the sector despite strong domestic and overseas dem...