The manufacturing sector in Japan moved to expansion in May, the latest survey from Markit Economics showed on Monday, with a manufacturing PMI score of 50.9.
That's unrevised from last month's flash estimate, and it's also up from the 49.9 reading in April. It also moves above the boom-or-bust line of 50 that separates expansion from contraction in a sector.
Among the individual components, production and new orders fueled the gain by expanding, the data showed, although input prices rose at their weakest rate in almost two and a half years.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.