(Finance) – Manufacturing activity improves in Japan, although it remains in the contraction zone. The August 2024 manufacturing PMI, published by Markit and processed by Jibun Bank, indicates a value of 49.8 points, compared to 49.5 points previously.
The data is also higher than analysts’ estimates, who expected a figure of 49.5 points. The indicator remains above the critical threshold of 50 points, indicating an expansion in activity.