Japan's manufacturing activity picks up slightly in December - Breaking The News

Japan's manufacturing activity picks up slightly in December

16 December

1 min read

The Japanese Jibun Bank Flash Manufacturing PMI Index surprised market expectations and landed at 53.3 in December, IHS Markit's preliminary report released on Thursday showed.

The headline figure landing above the neutral 50 marks an upturn in Japan's manufacturing activity, despite manufacturers signaling a sightly slower improvement in operating conditions compared to last month.

"The latest Flash PMI data showed that the Japanese private sector recovery was sustained in December, rounding off the best quarterly performance since Q4 2018," Economist at IHS Markit Usamah Bhatti said.

data manufacturing pmi

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