Japan's manufacturing sector operating conditions improved at the fastest pace in seven months in March, a survey by Markit Economics revealed Friday.
The seasonally adjusted Markit/JMMA purchasing managers' index rose to 51.1 in March from 50.5 in February. This was the highest score in seven months. A PMI reading above 50 indicates expansion of the sector.
Manufacturing output rose for a third successive month in March, with the rate of expansion the sharpest since October 2011. Growth in production was underpinned by strong increase in new orders.
The rate of new business growth in March was the strongest for seven months. This contrasted with a negligible rise in new export business, which was affected by adverse exchange rate factors and weak demand from China.
Manufacturing firms reduced staff numbers for the first time since June 2011, the survey report said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.