iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Economic Buzz: Japans Manufacturing PMI Falls To 51.0 In August

23 Aug 2022 , 11:23 AM

The manufacturing sector in Japan continued to expand in August, albeit at a slower rate, the latest survey from Jibun Bank showed with a manufacturing PMI score of 51.0. Thats down from 52.1 in July, although it remains above the boom-or-bust line of 50. Manufacturers reported a second successive contraction in output levels, and one that was the steepest for 11 months, while new order growth fell at the sharpest pace since September 2020. Sustained shortages of inputs contributed to a further marked, albeit softer rise in input prices, while business confidence softened to a three-month low. The survey also showed that the services PMI fell into contraction, slipping to a score of 49.2 in August from 50.3 in July. The composite index also slumped to 48.9 from 50.6 a month earlier. Overall new business fell for the first time in four months amid weaker domestic demand, while new export orders broadly stabilized in the latest survey period. Service providers recorded a softening of input price inflation for the second month in a row, with the latest rise the slowest since April. That said, the rate of charge inflation edged up slightly since July.Powered by Commodity Insights

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.