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Jibun Bank Japan Manufacturing PMI
There was little respite for Japanese manufacturers at the start of the new decade, with latest PMI data signalling another challenging month as demand conditions remain fragile. Output was reduced for a thirteenth month running, with sub-sector data revealing that the capital goods segment was a particular source of weakness. Export orders also fell in January, although the rate of decline eased notably. Meanwhile, there were signs of inflationary pressures picking up and business confidence strengthened to a 17-month high. The headline Jibun Bank Japan Manufacturing Purchasing Managers’ Index™ (PMI)® – a ... (full story)