Japan September factory growth slows to 6-month low, PMI shows
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Japan September factory growth slows to 6-month low, PMI shows
TOKYO, Oct 1 : Japan's manufacturing sector expanded at its weakest pace in six months in September as output and new order growth slowed, a business survey showed on Thursday.• The S&P Global Japan Manufacturing Purchasing Managers' Index (PMI) eased to 54.1 in September from 54.9 in August, a survey by S&
Japanese manufacturing activity continues to expand, but loses momentum for the second consecutive month as companies detect a moderation of new orders and an adjustment of inventories among their customers.
The purchasing managers' index for the Japanese manufacturing industry was measured at 54.1 in September, down from 54.9 the previous month, according to definitive statistics.
Japan PMI Manufacturing Falls to Six-Month Low, Yet Export Orders Remain Strong - ActionForex
Japan’s PMI Manufacturing eased from 54.9 to 54.1 in September, marking a six-month low but still signalling a solid expansion in the sector. Output growth slowed to its weakest pace in three months, while new orders also lost momentum after August’s multi-year high as some customers adjusted inventories following an earlier period of stock accumulation. […]
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