Japan (final) Jibun January PMI: Manufacturing 48.9 (prior 48.9)

S&P Global / Jibun Manufacturing PMI for January from Japan (JPY JPY The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by Read this Term)

• preliminary and prior can be found here

From the report (in brief):

• Subdued global economic conditions continued to hold back customer demand across the Japanese manufacturing sector in January, but there were a number of positive signals from the latest PMI survey. The rates of decline for output and new orders were the smallest since last October, whilst marginal employment growth was maintained as manufacturers sought to boost capacity in line with long-term investment plans.
• Around three times as many manufacturers expect a rise in production during the year ahead as those that forecast a decline. This lifted the overall degree of confidence to its second-highest since March 2022.
• Selling price inflation cooled to lowest in for 16 months.

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Also from S&P are manufacturing PMIs for January from:

• South Korea at 48.5 (December was 48.2)
• Taiwan 44.3 (December 44.6)