RSS Japan’s PMI composite rises to 50.8, stubborn inflation caps growth

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 RSS Japan’s PMI composite rises to 50.8, stubborn inflation caps growth

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Japan’s private sector activity showed a modest improvement in December, driven by a stronger services sector, while manufacturing continued to contract. PMI Manufacturing index declined from 49.5 to 49.0, marking the fourth consecutive month of contraction. In contrast, PMI Services index rose from 50.5 to 51.4, lifting Composite PMI from 50.1 to 50.8, indicating mild […]

The post Japan’s PMI composite rises to 50.8, stubborn inflation caps growth appeared first on Action Forex.
 
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