Jibun Bank S&P Global Japan final April Manufacturing PMI 49.5 (prior 49.2)

Jibun Bank S&P Global final April Manufacturing PMI for Japan comes in at 49.5

• the flash reading was 49.5, and the previous month's was 49.2

Main points from the report:

• Japanese manufacturing sector remains in contraction
• The 49.5 reading is the best in 6 months
• slowest reduction in new order inflows since last July
• Firms commented that supply chains had continued on the path to normalisation
• weakness in demand contributed to an accelerated decline in output volumes
• a mixed picture on the prices front ... inflationary pressures remained historically elevated, however manufacturers signalled that input prices rose at the softest pace since August 2021. However, firms sought to protect profit margins so increasingly passed higher cost burdens to customers. As a result, the rate of charge inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term accelerated to a five-month high