FOREX TradingCharts.com

Financial News: Japan Manufacturing Sinks To 44.8 In March -

Japan Manufacturing Sinks To 44.8 In March - Nikkei

03/23/2020 - 20:49:00 (RTTNews)

(RTTNews) - The manufacturing sector in Japan continued to contract, and at a faster pace, the latest survey from Nikkei revealed on Tuesday with a preliminary manufacturing PMI score of 44.8.

That's down from 47.8 in February, and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.

The services PMI from Jibun Bank was even more troubling as it plummeted all the way down to 32.7 in March from 46.8 in February - largely reflecting the chaos wrought by the global COVID-19 pandemic.

That dragged the composite PMI down to 35.8 from 47.0 a month earlier.

Among the individual components, output, new orders, new export orders, backlogs, stocks of purchases and quantities of purchases all saw stronger rates of decline. Employment fell into contraction after expanding in the previous month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Moody's Affirms New Zealand's Credit Ratings (20 min(s), 42 sec(s) ago)
(RTTNews) - Moody's Investors Service on Thursday affirmed the sovereign ratings of New Zealan ...Full Story»

Eurozone Producer Prices Fall Further (55 min(s), 42 sec(s) ago)
(RTTNews) - Eurozone producer prices declined at a faster pace in February, data from Eurostat sho ...Full Story»

Spain Unemployment Surges In March (01 hr(s), 26 min(s), 42 sec(s) ago)
(RTTNews) - Spain's unemployment increased sharply in March due to the lockdown announced afte ...Full Story»

UK House Price Growth Fastest Since Early 2018: Nationwide (02 hr(s), 45 min(s), 42 sec(s) ago)
(RTTNews) - UK house prices grew at the fastest pace in more than two years in March before the co ...Full Story»

Swiss Consumer Prices Fall For Second Month (03 hr(s), 11 min(s), 42 sec(s) ago)
(RTTNews) - Switzerland's consumer prices declined for the second month in a row in March, the ...Full Story»

Romania Producer Price Inflation At 4-month Low (03 hr(s), 22 min(s), 42 sec(s) ago)
(RTTNews) - Romania's producer price inflation lowest in four months in February, figures from ...Full Story»

UK House Price Growth Accelerates In March (03 hr(s), 59 min(s), 42 sec(s) ago)
(RTTNews) - UK house prices increased at the fastest pace since January 2018, data from the Nation ...Full Story»

India Manufacturing Growth Weakest In Four Months (04 hr(s), 05 min(s), 42 sec(s) ago)
(RTTNews) - India's manufacturing sector growth slowed in March due to a softer rise in output ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Moody's Affirms New Zealand's Credit Ratings

04/02/2020 - 05:56 AM (RTTNews)
(RTTNews) - Moody's Investors Service on Thursday affirmed the sovereign ratings of New Zealan ...Full Story>>

Eurozone Producer Prices Fall Further

04/02/2020 - 05:21 AM (RTTNews)
(RTTNews) - Eurozone producer prices declined at a faster pace in February, data from Eurostat sho ...Full Story>>

Spain Unemployment Surges In March

04/02/2020 - 04:50 AM (RTTNews)
(RTTNews) - Spain's unemployment increased sharply in March due to the lockdown announced afte ...Full Story>>

UK House Price Growth Fastest Since Early 2018: Nationwide

04/02/2020 - 03:31 AM (RTTNews)
(RTTNews) - UK house prices grew at the fastest pace in more than two years in March before the co ...Full Story>>

Swiss Consumer Prices Fall For Second Month

04/02/2020 - 03:05 AM (RTTNews)
(RTTNews) - Switzerland's consumer prices declined for the second month in a row in March, the ...Full Story>>
Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.