Japan’s service sector activity grows at fastest rate in over 8 years

Japan’s services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment among businesses such as those in tourism.

The pick-up in activity is welcome news for a government betting on domestic demand to put the world’s third-largest economy firmly on a recovery track and help overcome production pressures on the country’s manufacturing industry.

Japan income fundJPMorgan Japan Small Cap Growth & Income (LONJSGI), targets Japan income without compromising on Japanese growth opportunities. This Japan income investing opportunity gives investors access to a diverse and fast growing sector managed by local managers. The Investment Trust offers a regular quarterly income without compromising on Japanese growth opportunities, by paying a higher dividend funded part by capital reserves as well as revenue returns.

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