Flash Japan Manufacturing PMI™ at 52.5 (51.0 in September). Flash headline PMI posts highest reading in over one-and-a-half years.- Flash Japan Manufacturing Output Index at 52.2 (50.7 in September). Growth in production accelerates to three-month high.
Latest survey data indicated a marked improvement in operating conditions at Japanese manufacturers. Production increased at the joint-sharpest rate since February and was marked in the context of historical data. Meanwhile, growth in total new orders accelerated to the highest in over one-and-a-half years, underpinned by a solid increase in international demand. Subsequently, both employment and buying activity rose during the month, offsetting the declines seen in September.”
