Tuesday , 19 November 2024
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Japan preliminary May manufacturing PMI 50.5 (prior 49.6)

The manufacturing PMI has moved into expansion for the first time in a year.

The Composite is 52.4

  • prior 52.3

S&P comment:

  • “The expansion in business activity remained services-led,
    but the near-stabilisation of manufacturing output offers hope
    of growth broadening out later in the year,”

This article was written by Eamonn Sheridan at www.forexlive.com.

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