- Flash Japan Manufacturing PMI™ at 49.9 (50.9 in May). Operating conditions deteriorate slightly in June.
- Flash Japan Manufacturing Output Index at 50.5 (51.9 in May). Production growth slows to marginal pace.
Latest data signalled negligible deterioration in operating conditions at Japanese manufacturers. Production growth slowed to a fractional pace, while new orders contracted for the third time this year so far. Subsequently, employment growth was subdued, while buying activity declined.
Meanwhile, reports of a favourable exchange rate and an increase in foreign demand led to a further rise in new export orders in June. Moreover, the latest expansion was the second-fastest since January and quicker than the series average.
