At the midway point in the third quarter, survey data signalled a twenty-fourth successive monthly improvement in the health of the Japanese manufacturing sector

Market news

3 September 2018

At the midway point in the third quarter, survey data signalled a twenty-fourth successive monthly improvement in the health of the Japanese manufacturing sector

In line with stronger inflows of new work, firms raised production and employment. However, business sentiment dipped amid uncertainty arising from global geopolitics. Meanwhile, cost pressures were sustained in August, leading firms to increase selling prices at the sharpest rate in almost ten years.

The headline Nikkei Japan Manufacturing Purchasing Managers' IndexTM (PMI) - a composite single-figure indicator of manufacturing performance - registered at 52.5 in August. This was compared to 52.3 in July.

Futures: DAX -0,3% FTSE -0,1% CAC 40 -0,2%

Australian retail turnover was relatively unchanged (0.0 per cent) in July

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