Bearbull Investment Insight – Flash note – Japan 2/3

Leading indicators present a mixed but overall positive picture, primarily driven by the services sector. The Manufacturing PMI remained weak at 48.9, marking its eighth month of contraction. Conversely, the services sector showed strong expansion with a robust January reading of 53.1. The Composite PMI, largely underpinned by services, stands at an encouraging 51.6, signaling continued economic growth.