Monday , 24 February 2025
Home Forex Japan preliminary May manufacturing PMI 50.5 (prior 49.6)
Forex

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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

China developers are buying land at up to a 20% premium – dipping a toe back in the market

China’s state-backed developers are ramping up land acquisitions at a premium, following...

New Zealand data – January credit card spending +1.3% y/y (prior -1.3%)

NZD/USD is not being driven by data today, but by the slide...

Goldman Sachs stays bullish on China’s A-Shares and H-Shares

Goldman Sachs maintains an overweight stance on China’s A-shares and H-shares, citing...

UBS forecasts AI stock volatility but still overall strong returns

UBS predicts mid-teen returns for global AI stocks in 2025, driven by...