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![neilksethi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2252413050.png) Neil Sethi [@neilksethi](/creator/twitter/neilksethi) on x 12.4K followers
Created: 2025-07-24 01:09:44 UTC

Japan's Jul flash PMI remains unchanged at XXXX as an improvement in services (53.5 from 51.7) offset an unexpected drop in manufacturing back into contraction (48.8 from XXXX in June (50.2 exp'd)). 

"Latest Flash PMI data signalled a further modest increase in overall private sector business activity across Japan during July. However, this masked divergent underlying trends, with stronger growth across the service industry contrasting with a fresh fall in factory output. At the same time, overall employment and new business rose only marginally across the private sector as a whole. Business confidence meanwhile slipped to [the 2nd lowest since Aug '20] amid lingering tariff uncertainty [which should rebound following the trade agreement], and new orders from overseas declined at the quickest pace since last October.

"Turning to prices, firms signalled softer increases in both input costs and output charges at the start of the third quarter, albeit with rates of inflation remaining historically [high] overall."



![](https://pbs.twimg.com/media/Gwla4lbW8AAXOiQ.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948188816939852248/c:line.svg)

**Related Topics**
[japan](/topic/japan)
[economic downturn](/topic/economic-downturn)

[Post Link](https://x.com/neilksethi/status/1948188816939852248)

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neilksethi Avatar Neil Sethi @neilksethi on x 12.4K followers Created: 2025-07-24 01:09:44 UTC

Japan's Jul flash PMI remains unchanged at XXXX as an improvement in services (53.5 from 51.7) offset an unexpected drop in manufacturing back into contraction (48.8 from XXXX in June (50.2 exp'd)).

"Latest Flash PMI data signalled a further modest increase in overall private sector business activity across Japan during July. However, this masked divergent underlying trends, with stronger growth across the service industry contrasting with a fresh fall in factory output. At the same time, overall employment and new business rose only marginally across the private sector as a whole. Business confidence meanwhile slipped to [the 2nd lowest since Aug '20] amid lingering tariff uncertainty [which should rebound following the trade agreement], and new orders from overseas declined at the quickest pace since last October.

"Turning to prices, firms signalled softer increases in both input costs and output charges at the start of the third quarter, albeit with rates of inflation remaining historically [high] overall."

XXXXX engagements

Engagements Line Chart

Related Topics japan economic downturn

Post Link

post/tweet::1948188816939852248
/post/tweet::1948188816939852248