Japan – Flash Markit/JMMA Manufacturing PMI for October 52.8

  • expected 51.7
  • prior was 51.7

This is the Japan data, we get China flash PMI at 0145GMT (i.e. in a few minutes)

Key points:

Flash Japan Manufacturing PMI at 52.8 (51.7 in September).

  • Modest improvement in business conditions in September.

Flash Japan Manufacturing Output Index at 52.3 (53.4 in September).

  • Moderate growth for third successive month.
flash Japan pmi

Amy Brownbill, Economist at Markit:

  • “Latest data indicated robust growth of operating conditions for Japanese manufacturers.
  • New business rose at the highest rate since February and output remained in modest growth territory for the third month in a row.
  • Furthermore, payroll numbers rose fractionally during the month, following a decline in September.
  • Given the upcoming decision regarding the second planned increase of sales tax to 10%, questions will turn to the sustainability of the upturn in growth over the coming months.”
japan flash pmi 2