Japan, manufacturing enters expansion zone in June

Japan manufacturing enters expansion zone in June

(Finance) – Manufacturing activity in Japan improves. The preliminary data of the manufacturing PMI index for June, published by S&P Global and processed by Jibun Bankindicates a value of 50.5 points, compared to 49.9 in May.

The indicator thus moves above the critical threshold of 50 pointsdividing line between the phase of contraction – values ​​below – and expansion – values ​​above.

Analysts’ estimates were for a level of 50.6 points.

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