Japan Jibun S&P Markit manufacturing PMI for October 50.7 (prior 50.8)

Jibun Bank - S&P Global / Markit manufacturing PMIs from Japan for October is 50.7

• preliminary was 50.7
• prior was 50.8

Commentary via Markit's report:

• The latest survey data signalled that Japan’s manufacturing
  sector lost further momentum in October. Sluggish markets
  and weaker demand conditions, on both a domestic and
  international level, became a recurring trend throughout
  the report and were seemingly the driving forces behind the
  slower sector performance. Anecdotal evidence suggested
  that worsening conditions in China and South Korea were
  specifically detrimental to Japan’s exports this month.
  Meanwhile, inflationary pressures remained severe in
  October. Japanese manufacturing firms increased their selling
  prices more aggressively, as signalled by a near-record rate of
  output cost inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term. Given the current conditions in some of
  Japan’s key export markets, and with inflationary pressures
  displaying limited signs of easing, demand is likely to remain
  subdued in the coming months.
  Despite this, firms seem unfazed by the challenges that the
  sector is currently facing remaining optimistic towards their
  12-month outlook on growth in October. In fact, the degree of
  confidence accelerated from September and reached a ninemonth high.