Radiocor News

Japan preliminary June manufacturing PMI 50.1 vs 50.4 in May

Preliminary June services PMI 49.8 vs 53.8 in May (Il Sole 24 Ore Radiocor) - London, 21 Jun - In June, Japan's purchasing managers' index (PMI) for the manufacturing sector fell to 50.1 from 50.4 in May, according to preliminary data released by S&P Global and its partner au Jibun Bank.

The manufacturing output index rose to 50.5 from 49.9 and the PMI for the services industry fell to 49.8 from 53.8.

The composite output index, a weighted average of services PMI and manufacturing output, slipped to 50.0 from 52.6.

A reading above 50 signals expanding sector activity and a reading below 50 a contraction.

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(RADIOCOR) 21-06-24 07:54:57 (0074) 5 NNNN

 


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