The au Jibun Bank Japan Composite PMI stood at 51.5 in June 2025, slightly above the flash estimate of 51.4 and up from 50.2 in the previous month. This marked the third consecutive month of expansion in private sector activity and the strongest pace since February, driven by a renewed uptick in manufacturing - the first since May 2024 - and continued growth in services for a third month. Total new orders rose modestly for the second straight month, though new export sales declined further. Meanwhile, employment saw its sharpest increase in nearly a year. On the cost front, input price inflation eased to a 15-month low but remained elevated, leading to a quicker rise in average output charges compared to May. Lastly, business sentiment improved, supported by strong hiring and the rollout of new products.