Japan April preliminary PMI Manufacturing 49.9 (prior 48.2) Services 54.6 (prior 54.1)

Composite is 52.6, prior 51.7

Japan's manufacturing PMI is on approach to expansion but not quite there.

• 49.9 in April from 48.2 in March
• remaining in contraction for 11 straight months

Flash services PMI at 54.6 in April is its highest since May 2023