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JAPAN FLASH MANUFACTURING PMI RISES TO 51.9

  • imageFlash Japan Manufacturing PMI™ at 51.9 (51.2 in July).Operating conditions improve at second fastest pace this year so far.
  • Flash Japan Manufacturing Output Index at 51.9 (52.2 in July). Growth in production little-changed from July’s five-month high.

Latest survey data indicated a further improvement in operating conditions in the Japanese manufacturing sector. New order growth accelerated to the second fastest this year so far, while production increased at a similar pace to July’s five-month record. In contrast, new orders from abroad rose at a slower pace, with reports of reduced sales volumes with China dampening international demand.

Meanwhile, input prices declined for the first time since November 2012, albeit at a marginal rate.

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