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Japan Jibun preliminary (flash) manufacturing PMI for December 48.8 (prior 49.0)

Japan Jibun preliminary (flash) manufacturing PMI for December 48.8 (prior 49.0)

The deepest contraction for manufacturing for 26 months. Weak demand, strong cost pressures cited.

Manufacturing PMI 48.8

  • prior 49.0
  • Output and new orders extended their contraction for a sixth month in December, although at slower paces than last month
  • Input price inflation rate slowed for a third month to the lowest pace since September 2021

Services 51.7, helped by reawakening tourism

  • prior 50.3

Composite 50.0

Posted: Dec 16 2022, 00:37
Author Name: forexlive
Views: 110613

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