- Flash Japan Manufacturing PMI™ at 50.9 (49.9 in April). Operating conditions improve slightly in May.
- Flash Japan Manufacturing Output Index at 51.7 (49.3 in April). Production rises at moderate pace.
Reflective of an overall improvement in operating conditions at Japanese manufacturers was a return to growth of both production and new orders in May. Moreover, the rates of expansion were faster than their respective long-term averages. Subsequently, employment rose at the quickest rate since December last year, while buying activity increased for the third time this year so far.