Japan Manufacturing Sector Picks Up Steam In August — Nikkei

Japan Manufacturing Sector Picks Up Steam In August — Nikkei

The manufacturing sector in Japan continued to expand in August, and at a faster rate, the latest survey from Nikkei revealed on Thursday with a manufacturing PMI score of 52.5.

That's up from 52.3 in July, and it moves farther above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, input and output price inflation climbed to multi-year highs, while overall demand improved — although export orders failed to rise for a third straight month.

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