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Japan Jibun June preliminary Manufacturing PMI 49.8 (prior 50.6)

Eamonn Sheridan
23/06/2023 | 00:31 GMT

Japan flash Manufacturing PMI for June 2023

Comes in back in contraction at 49.8

  • prior 50.6

Services PMI preliminary is 54.2

  • prior 55.9
Japan preliminary flash pmi 23 June 2023

We had inflation data from Japan earlier:

  • Japan CPI for May, headline 3.2% y/y vs. 3.5% prior

Other:

  • After the over 100+ point up in USDJPY overnight be on the alert for intervention comments
  • The inflation data from Japan today is going to reignite speculation of BOJ policy change

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