Markit/JMMA Japan manufacturing PMI: 52.0 (flash was 52.1)

Markit/JMMA Japan manufacturing PMI: 52.0

• flash was 52.1
• prior was 50.6

7th consecutive month in expansion for the Japan manufacturing PMI

Key points via Markit:

• Production and new orders rise at solid rates
• Stronger improvement in staffing number
• Input price inflation reaches 11-month high

Amy Brownbill, Economist at Markit:

• “Latest data signalled sustained activity growth at Japanese manufacturers in December. Production increased at a solid pace, supported by a further rise in new orders from both the domestic and international markets.” “As a consequence of the depreciation of the yen, upward pressures on input prices rose sharply, with input price inflation accelerating to an 11-month high.”