Jibun Bank S&P Global PMI Flash / Preliminary for July 2024 for Japan
Manufacturing PMI 49.2, first time under 50 (and into contraction) in 3 month
expected 50.5, prior 50.0sub indexes show that output and new orders fell slightly, higher prices weigh on margins (input cost inflation to the highest since April 2023)new orders weakest since February
Services 53.9, to a 3 month high
prior 49.4
Composite 52.6
prior 49.7
This article was written by Eamonn Sheridan at www.forexlive.com.