• Flash Japan Manufacturing PMI at 35-month high - Markit

Market news

21 February 2017

Flash Japan Manufacturing PMI at 35-month high - Markit

  • Flash Japan Manufacturing PMI at 35-month high of 53.5 in February (52.7 in January).

  • Flash Manufacturing Output Index at 54.3 (53.2 in January).

  • Sharpest rate of growth for three years. Record-high business confidence at Japanese manufacturers.

Commenting on the Japanese Manufacturing PMI survey data, Samuel Agass, economist at IHS Markit, which compiles the survey, said: "Japan's manufacturing engine shifted into a higher gear during February, as faster increases in output, new business and employment were reported. Subsequently, business confidence was at a survey-high, with goods producers buoyed by the strongest upturn in the sector for 35 months".

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