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JAPAN FLASH MANUFACTURING PMI EDGES UP TO 50.3

  • Flash Japan Manufacturing PMI™ at 50.3 in September (49.5 in August). Manufacturing conditions improve marginally for the first time in seven months.
  • Flash Japan Manufacturing Output Index at 50.7 (50.2 in August). Production increased for the second month running.

Manufacturing conditions in Japan improved for the first time since February at the end of Q3. Production increased for the second month running, while international demand picked up for the first time since the start of 2016. As a result, goods producers were more optimistic towards taking on additional staff, with job creation accelerating to a four-month high. Manufacturers also benefitted from lower cost burdens, with input prices declining for the ninth consecutive month.

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