Japan PMI manufacturing was finalized at 53.3 in May, down from April’2 53.5. S&P Global noted softer expansions in production and incoming new business. Supply chain disruption encouraged firms to bolster safety stocks. Input prices rose at fourth-fastest pace in survey history. Usamah Bhatti, Economist at S&P Global Market Intelligence, said: “Both output and new […]
The post Japan PMI finalized at 53.3 in May, in-line with 2.90% increase in industrial production in 2022 appeared first on Action Forex.
