(Finance) – Manufacturing activity worsens in Japan. The preliminary data of thePMI manufacturing index of July, published by S&P Global and processed by Jibun Bank, indicates a value of 49.4 points, from 49.8 in June and what was expected by the market.
The indicator it is therefore confirmed below the critical threshold of 50 points, which acts as a divide between contraction and growth.
The flash PMI estimate services indicates a slowdown in the tertiary sector, with the related index slipping to 53.9 points from 54 in June.
The PMI Composite it stood at 52.1 points, as in the previous month.