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Financial News: Japan Manufacturing PMI Climbs To 54.4 In January

Japan Manufacturing PMI Climbs To 54.4 In January - Nikkei

01/23/2018 - 19:45:00 (RTTNews)

(RTTNews) - The manufacturing sector in Japan continued to expand in January, and at an accelerated rate, the latest survey from Nikkei revealed on Wednesday with a manufacturing PMI score of 54.4.

That's up from 54.0 in December, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, output expanded at the quickest rate in 47 months, while new orders continued to rise sharply.

Inflationary pressures intensified.

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