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Japan PMI Manufacturing Eases to 53.3 as Momentum Cools but Capacity Pressures Persist
Japan’s manufacturing expansion moderated in October, with S&P Global PMI Manufacturing falling from 54.1 to 53.3, its lowest reading in seven months. Despite the slowdown, the index stayed comfortably above its long-run average of 50.6, indicating continued solid improvement in operating conditions. Both output and new orders expanded at their slowest rates since March, although […] The post Japan PMI Manufacturing Eases to 53.3 as Momentum Cools but Capacity Pressures Persist appeared first on ActionForex .
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