Japan’s PMI composite rises to 53.0, increasing margin pressures

Japan’s PMI data for August revealed a mixed yet overall positive picture for the economy. PMI Manufacturing inched up from 49.1 to 49.5, still indicating contraction but showing improvement. PMI Services increased from 53.7 to 54.0, signaling continued strong expansion in the service sector. As a result, PMI Composite, which combines both manufacturing and services, […]

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