Japan Manufacturing PMI Barely Expands In February – Nikkei

The manufacturing sector in Japan continued to expand in February, albeit barely, the latest revision from Nikkei showed on Tuesday with a PMI score of 50.1.

That was down slightly from last month’s preliminary reading of 50.2, and down sharply from 52.3.

The score remains just above the boom-or-bust line of 50 that separates expansion from contraction.

Among the individual components, output growth was down and new orders declined, while buying activity and employment advanced at a slower pace.

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