Japan - Nikkei / Markit Manufacturing PMI
Final for October is 52.8
- preliminary was 52.5
- prior 52.9
Joe Hayes, Economist at IHS Markit, which compiles the survey:
- "The headline PMI for October indicated slightly softer growth; however the underlying data remains fairly solid.
- Output picked up, growing at the quickest pace since May, while export orders from other Asian countries underpinned a firm rise in new business inflows.
- In turn, firms boosted demand for inputs in line with higher production requirements. As a result, supply chains were noticeably affected, with delivery times worsening to the greatest extent since May 2011.
- With cost burdens rising and demand conditions seemingly robust, Japanese manufacturers appeared to be more willing to raise prices charged. Output price inflation quickened to the joint-fastest pace since November 2014."
more to come
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ps. China private manufacturing PMI still to come also, due at 0145 GMT
