-
au Jibun Bank Japan Manufacturing PMI: Softer increase in manufacturing output in December
The Japanese manufacturing sector registered a solid, albeit slightly softer improvement in operating conditions at the end of 2021, according to December PMI® data. Firms reported slower expansions in both production and incoming business, though the rates of growth remained moderate overall and stronger than the average seen over the year as a whole. Notably, as demand conditions continued to improve, manufacturers reported the strongest rise in employment levels since April 2018. Yet, firms noted a softer degree of optimism as supply chain disruption and material shortages continued to hinder output and sales. At ... (full story)