Japan manufacturing returns to growth in May

Japan manufacturing returns to growth in May

(Finance) – Manufacturing activity in Japan returned to growth in May.

The preliminary data of the PMI manufacturing index, published by Markit and processed by Jibun Bankindicates a value of 50.6 points, against 49.5 points in April and compared to 50.8 expected by analysts.

The indicator therefore returns above the critical threshold of 50 points, indicating an expansion of activity.

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