Japan’s PMI composite finalized at 51.2, input inflation jumps to 2-year high

Japan’s private sector returned to expansion in April, as the final PMI Composite rose to 51.2 from March’s 48.9. The improvement was driven entirely by the services sector, with its PMI climbing to 52.4, while manufacturing remained in contraction. According to S&P Global’s Annabel Fiddes, stronger services activity helped offset the drag from factories, where […]

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