Global Economic News

Japan Manufacturing PMI Climbs To 52.8 - Nikkei

The manufacturing sector in Japan continued to expand in April, the latest survey from Nikkei showed on Friday with a manufacturing PMI score of 52.8.

That's up from 52.4 in March, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, output, new export orders, employment, backlogs of work, input prices, output prices and quantity of purchases all accelerated.

New orders advanced at a slower rate, while stocks of purchases moved to expansion from no change in the previous month.

by RTTNews Staff Writer

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