- Analytics
- News and Tools
- Market News
- Preliminary Markit/Nikkei manufacturing purchasing managers' index for Japan declines to 48.0 in April
Preliminary Markit/Nikkei manufacturing purchasing managers' index for Japan declines to 48.0 in April
The preliminary Markit/Nikkei manufacturing Purchasing Managers' Index (PMI) for Japan declined to 48.0 in April from 49.1 in March. It was the lowest level since January 2013.
A reading below 50 indicates contraction of activity, a reading above 50 indicates expansion.
The index was mainly driven by drop in output, new orders and input prices.
"Manufacturing conditions in Japan worsened at a sharper rate in April. Both production and new orders declined markedly, with total new work contracting at the fastest rate in over three years," economist at Markit, Amy Brownbill, said.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
