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Japan preliminary Aug manufacturing PMI 49.5 vs 49.1 in July
Preliminary Aug service PMI 54.0 vs 53.7 in July (Il Sole 24 Ore Radiocor) - London, 22 Aug - In August, Japan's purchasing managers' index (PMI) for the manufacturing sector rose to 49.5 from 49.1 in July, according to preliminary data released by S&P Global and its partner au Jibun Bank.
The manufacturing output index grew to 50.9 from 49.7 and the PMI for the services industry grew to 54.0 from 53.7.
The composite output index, a weighted average of services PMI and manufacturing output, rose to 53.0 from 52.5.
A reading above 50 signals expanding sector activity and a reading below 50 a contraction.
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(RADIOCOR) 22-08-24 08:00:41 (0080) 5 NNNN