Japan Manufacturing PMI Rises To 52.9 In September — Nikkei

Japan Manufacturing PMI Rises To 52.9 In September — Nikkei

The manufacturing sector in Japan continued to expand in September, and at an accelerated pace, the latest survey from Nikkei revealed on Friday with a manufacturing PMI score of 52.9.

That's up from 52.5 in August, and it moved further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, input cost inflation accelerated at the fastest pace since March 2011 — although geopolitical tensions weighed on sentiment.

Output, new orders, employment, backlogs or work and output prices all continued to increase.

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