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JPN Downturn Extends Into Middle of Fourth Quarter

From markiteconomics.com

Today sees the latest release of au Jibun Bank Flash Japan Composite PMI. Published on a monthly basis approximately one week before Final PMI data are released, this makes the PMI earliest available indicator of private sector operating conditions in Japan. The estimate is typically based on approximately 85%-90% of total PMI survey responses each month and is designed to provide an accurate indication of final PMI data. Commenting on the latest survey results, Bernard Aw, Principal Economistat IHS market, said: "The Japanese private sector economy continued its struggle to gain recovery momentum midway through the ... (full story)

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