The flash readings for February:
- Services 42.7 (prior 47.6)
- Composite 44.6 (49.9_
Lowest for the
- services PMI since May 2020
- composite since June 2020
Once again a PMI report cites shortages (supply-chain disruption) and rising input prices.
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Japan Jibun Bank manufacturing PMI (preliminary) PMI for February 52.9 (prior 55.4)
- If the 52.9 is confirmed in the final figure (released next week) it'll be the lowest for the manufacturing PMI for 5 months
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