FILE PHOTO: People sit in an izakaya pub restaurant at Shimbashi district in Tokyo, Japan June 15, 2022. REUTERS/Issei Kato/File PhotoTOKYO : Japan's service activity in September expanded for the 13th month but at the slowest pace since the start of the year, a private survey showed, a worrying sign as the sector has been a key driver of economic growth amid weakness in manufacturing.
However, there were broad signs of softening in the service industry, which has underpinned the world's third-biggest economy over recent quarters amid weak global demand for its manufactured goods. While the services sector expansion remained solid overall, the pockets of weakness last month underlines the challenge for policymakers counting on domestic demand to spur an economic recovery.
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