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- November flash Japan PMI data signalled the strongest improvement in the manufacturing sector for 44 months
November flash Japan PMI data signalled the strongest improvement in the manufacturing sector for 44 months
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Flash Japan Manufacturing PMI rises to 53.8 in November (52.8 in October)
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Flash Manufacturing Output Index at 54.2, signalling the joint-strongest rate of expansion for 45 months, on a par with March 2014
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Rising exports underpin growth in new orders
Commenting on the Japanese Manufacturing PMI survey data, Joe Hayes, Economist at IHS Markit, which compiles the survey, said: "Following the softer Q3 GDP figure last week, November flash PMI data signalled the strongest improvement in the manufacturing sector for 44 months. "New orders increased strongly, underpinned by business from abroad amid recent yen weakness. New export orders expanded at the fastest pace in almost four years. "That said, a cheaper yen and higher material prices have intensified cost pressures, as input price inflation increased to a 35-month high in November.
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