Japan Jibun Bank / Markit preliminary September Manufacturing PMI 51.2 vs. prior 52.7

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The flash PMIs for Japan this month, the final reading for these will come from next week. Jibun Bank Manufacturing PMI 51.2, lowest in 8 months prior 52.7supply chain issues a negativeServices 47.4, improved but still in contraction as the pandemic weighedprior 42.9 (August's was the lowest since May 2020, the nadir of the COVID-19 slump in 2020)Composite 47.7 Markit comments (in brief)Flash PMI data indicated that activity at Japanese private sector businesses was scaled back further in SeptemberThe pace of decline was softer than that seen in August, as the larger services sector saw a considerable easing in the rate of contractionManufacturers' input prices rose at the fastest pace since September 2008 ...businesses attributing the rise to higher raw material, freight and staff costs amid supply shortages Invest in yourself. See our forex education hub. Source li
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