The manufacturing sector in Japan continued to expand in August, and at an accelerated pace, a preliminary survey from Nikkei revealed on Friday, with a Performance of Manufacturing Index score of 51.9.
That’s up from 51.2 in July, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Among the individual components, the output index slipped to 51.9 from 52.2 in July. Growth in production was little changed from July’s five-month high.
The material has been provided by InstaForex Company – www.instaforex.com