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Japan Jibun preliminary August PMIs: Manufacturing 49.7 (prior 49.6) Services 54.3 (53.8)

Japan Jibun preliminary August PMIs: Manufacturing 49.7 (prior 49.6) Services 54.3 (53.8)
Manufacturing 49.7, an improvement but still in contractionprior 49.6Services 54.3, improved from July and a strong resultprior 53.8Composite 52.6prior 52.2USD/JPY is not a lot changed, down a few points after the report. -Commentary from the report:Growth across the Japanese private sector picked up pace during August, with the service sector again driving the overall expansion amid ongoing improvements in new orders. Manufacturing continued to disappoint, however, again failing to generate gro... Read More
Posted: Aug 23 2023, 00:34
Author Name: forexlive
Views: 102055

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