Japan preliminary May manufacturing PMI 50.5 (prior 49.6)

  • Jibun / S&P Global flash PMI for Japan in May 2024

The manufacturing PMI has moved into expansion for the first time in a year.

Japan flash preliminary pmi may 2024 2

The Composite is 52.4

  • prior 52.3

S&P comment:

  • "The expansion in business activity remained services-led, but the near-stabilisation of manufacturing output offers hope of growth broadening out later in the year,"

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