FOREX TradingCharts.com

Financial News: Japan Private Sector Rebounds In January

Japan Private Sector Rebounds In January

01/23/2020 - 22:18:00 (RTTNews)

(RTTNews) - Japan's private sector rebounded at the start of 2020, driven by the expansion in services output, flash survey results from IHS Markit showed Friday.

The Jibun Bank flash composite output index rose to 51.1 in January from 48.6 in December. A score above the neutral 50 indicates expansion.

The services Purchasing Managers' Index advanced to 52.1 from 49.4 a month ago. The factory PMI also climbed in January but remained below 50. The corresponding index came in at 49.3 versus 48.4 a month ago.

While official data are yet to confirm recovery, the fourth quarter looks on track to register an ugly decline in GDP, Joe Hayes, an economist at IHS Markit said. The January flash numbers will certainly allay fears for now of an impending technical recession in Japan.

Nevertheless, manufacturing confidence edged up in January in the wake of easing US-China tensions and some optimism regarding Japanese relations with South Korea, Hayes added.

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


Hong Kong Trade Deficit Widens In January (03 hr(s), 28 min(s), 08 sec(s) ago)
(RTTNews) - Hong Kong's trade deficit increased in January, amid a fall in both exports and im ...Full Story»

South Africa Leading Index Falls In December (03 hr(s), 38 min(s), 08 sec(s) ago)
(RTTNews) - South Africa's leading index fell in December after rising in the preceding month, ...Full Story»

Croatia Producer Price Inflation Rises In January (03 hr(s), 40 min(s), 08 sec(s) ago)
(RTTNews) - Croatia's producer prices rose in January, figures from the Croatian Bureau of Sta ...Full Story»

UK Retailers Plan To Raise Investment: CBI (03 hr(s), 49 min(s), 08 sec(s) ago)
(RTTNews) - British retailers plan to raise their investment in the year ahead for the first time ...Full Story»

Malta Producer Price Inflation Increases In January (03 hr(s), 50 min(s), 08 sec(s) ago)
(RTTNews) - Malta's producer price inflation rose for the second month in a row in January, da ...Full Story»

Poland Jobless Rate Highest In 9 Months (04 hr(s), 0 min(s),08 sec(s) ago)
(RTTNews) - Poland's jobless rate rose to the highest in nine months in January, data from Sta ...Full Story»

Austria Production Index Decreases In December (04 hr(s), 10 min(s), 08 sec(s) ago)
(RTTNews) - Austria's production index declined in December on weaker industrial output, data ...Full Story»

France Manufacturing Confidence Steady In February (04 hr(s), 21 min(s), 08 sec(s) ago)
(RTTNews) - France's manufacturing confidence remained stable in February, survey results from ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Hong Kong Trade Deficit Widens In January

02/25/2020 - 06:39 AM (RTTNews)
(RTTNews) - Hong Kong's trade deficit increased in January, amid a fall in both exports and im ...Full Story>>

South Africa Leading Index Falls In December

02/25/2020 - 06:29 AM (RTTNews)
(RTTNews) - South Africa's leading index fell in December after rising in the preceding month, ...Full Story>>

Croatia Producer Price Inflation Rises In January

02/25/2020 - 06:27 AM (RTTNews)
(RTTNews) - Croatia's producer prices rose in January, figures from the Croatian Bureau of Sta ...Full Story>>

UK Retailers Plan To Raise Investment: CBI

02/25/2020 - 06:18 AM (RTTNews)
(RTTNews) - British retailers plan to raise their investment in the year ahead for the first time ...Full Story>>

Malta Producer Price Inflation Increases In January

02/25/2020 - 06:17 AM (RTTNews)
(RTTNews) - Malta's producer price inflation rose for the second month in a row in January, da ...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.