FXStreet (Bali) – Japan’s Nikkei Manufacturing PMI for August (final) came in at 51.7 vs flash of 51.9.
Commenting on the Japanese Manufacturing PMI survey data, Amy Brownbill, economist at Markit, which compiles the survey, said: “Operating conditions in the Japanese manufacturing sector improved noticeably in the latest survey period, with new order growth accelerating to a seven-month high. This was also supported by increases in both production and employment. In contrast, growth in new export orders slowed further and was only moderate overall. Falling trade volumes with China was reported by panellists to have led to weaker international demand.”
“On the price front, input prices remained unchanged in August, signalling the end of a 31-month period of inflation. Charges rose, but at a marginal rate.”
(Market News Provided by FXstreet)