Japan PMI manufacturing dropped to 52.7, but services jumped to 54.2

Japan PMI Manufacturing dropped slightly from 53.3 to 52.7 in June, below expectation of 54.4. PMI Services rose from 52.6 to 54.2, highest since October 2013. PMI Composite Output rose form 52.3 to 53.2. Usamah Bhatti, Economist at S&P Global Market Intelligence, said: “Activity at Japanese private sector businesses rose solidly at the midway point […]

The post Japan PMI manufacturing dropped to 52.7, but services jumped to 54.2 appeared first on Action Forex.