Flash Japan Manufacturing PMI™ at 51.9 in December (51.3 in November), signalling the greatest improvement in manufacturing conditions since January.- Flash Japan Manufacturing Output Index at 53.1 (52.4 in November). Solid production growth.
Latest survey data pointed to a further improvement in the Japanese manufacturing sector. Output and new orders both increased at sharper rates, with new work inflows rising at the quickest pace since January. As a result, goods producers were more optimistic towards taking on additional workers, with the rate of job creation picking up to a 32-month high. Manufacturers also increased their input buying at the quickest rate in ten months. However, cost inflationary pressures accelerated to a 13-month peak, with reports of steep rises in raw material costs driving up input prices.
