Japan April 2024 Manufacturing PMI (final) 49.6 (flash was 49.9, prior 48.2)

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Jibun Bank S&P Global Manufacturing PMI for April 2024. This is the final reading, comes in at 49.6 for the slowest contraction in eight months:

  • the preliminary was 49.9
  • prior 48.2


  • output and new orders slipped for an 11th straight
    month, the pace of falls eased
  • new orders shrank due to sluggish demand
  • new export orders contracted due to low demand from
    key export markets such as China and the U.S.
  • input costs picked up, higher prices were seen in many goods, especially metals – the weak yen a factor due to pushing up import prices in local currency


USD/JPY update:

This article was written by Eamonn Sheridan at www.forexlive.com.

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