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Japan PMI manufacturing finalized at 49.6, input costs inflation at three-month high
Japan’s PMI Manufacturing remained stagnant at 49.6 in August, indicating a third consecutive month of sectoral contraction. According to Usamah Bhatti at S&P Global Market Intelligence, the rate of deterioration was “unchanged from July and only fractional,” primarily due to a “slower reduction in new orders.” The report highlighted concerning trends in cost pressures. “Input […] The post Japan PMI manufacturing finalized at 49.6, input costs inflation at three-month high appeared first on Acti...
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Posted: Sep 1 2023, 03:20
Author Name: actionforex
Views: 111668