Japan Manufacturing PMI Sinks To 48.8 In January - Jibun

RTTNews | 24 days ago
Japan Manufacturing PMI Sinks To 48.8 In January - Jibun

(RTTNews) - The manufacturing sector in Japan continued to contract in January, and at a faster pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 48.8.

That's down from 49.6 in December and it moved further beneath the boom-or-bust line of 50 that separates expansion from contraction.

Production levels fell modestly, and at the strongest rate since last April, while new order inflows fell at a moderate pace that was the quickest in six months. Employment levels increased for the second month running at the start of the year, enabling firms to deplete backlogs.

The survey also showed that the services PMI improved to 52.7 in January from 50.9 in December.

Japanese service providers raised employment levels, despite confidence levels that were broadly similar to the end of last year.

read more
Japan GDP Jumps 0.7% In Q4

Japan GDP Jumps 0.7% In Q4

Japan's gross domestic product expanded a seasonally adjusted 0.7 percent on quarter in the fourth quarter of 2024, the Cabinet Office said in Monday's preliminary report.
RTTNews | 13h 35min ago
Japan Household Spending Jumps 2.3% In December

Japan Household Spending Jumps 2.3% In December

The average of household spending in Japan was up 2.3 percent on month in December, the Ministry of Internal Affairs and Communications said on Friday - standing at 352,633 yen.
RTTNews | 10 days ago
Japan Manufacturing PMI Falls To 48.7 - Jibun

Japan Manufacturing PMI Falls To 48.7 - Jibun

The manufacturing sector in Japan continued to contract in January, and at a faster pace, the latest survey from Jibun Bank revealed on Monday with a PMI score of 48.7
RTTNews | 14 days ago