Economic Buzz: Japan Nikkei Service Sector Decelerates In March

Japan Nikkei service sector continued to expand in March, albeit at a slower pace, the latest survey from Nikkei revealed on Wednesday with a services PMI score of 50.9. Thats down from 51.7 in February, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Individually, there were weaker rises in both activity and new orders.