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Jibun Bank Japan Manufacturing PMI
The health of Japan's manufacturing economy improved for the first time in a year during May, reflecting another round of job creation, a renewed increase in pre-production inventories and broadly stable volumes of new orders and production. Elsewhere, an intensification of cost pressures urged companies to hike their output prices to a greater extent. At 50.4 in May, up from 49.6 in April, the headline au Jibun Bank Japan Manufacturing Purchasing Managers’ Index™ (PMI®) – a composite single-figure indicator of manufacturing performance – posted above the neutral mark of 50.0 for the first time in a year and ... (full story)