The manufacturing sector in Japan continued to expand in January, and at an accelerated rate, the latest survey from Nikkei revealed on Wednesday with a manufacturing PMI score of 54.4.
That’s up from 54.0 in December, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output expanded at the quickest rate in 47 months, while new orders continued to rise sharply.
Inflationary pressures intensified.
The material has been provided by InstaForex Company – www.instaforex.com
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