Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Japan final manufacturing PMI for June 50.0 (prior 50.4)

July 01, 2024 at 01:32AM
Jibun S&P Global June 2024 Manufacturing PMI comes in at 50.0

prior 50.4

preliminary was 50.1

From the commentary to the report:

“Notably, the latest PMI data revealed the first rise in
Japanese factory production for over a year, and a
rebound in business confidence. Although employment
continued to be impacted by retirements, there was
another round of net job creation in June.

“However, there were some concerning aspects in the
latest figures, with companies grappling with heightened
cost pressures as yen depreciation exacerbated the price of
imported materials. Labour was another factor straining
budgets. There was clear evidence that the sharp rise in
overall purchasing prices was not caused by supply-chain
issues, as delivery times in fact improved to the greatest
extent in over 15 years.

“Manufacturers raised their selling prices at the
strongest rate in over a year as a result, an unfavourable
consequence given that both domestic and external
demand remain weak.”

This article was written by Eamonn Sheridan at www.forexlive.com.

Japan final manufacturing PMI for June 50.0 (prior 50.4)