Growth of Japanese manufacturing continued in October; Consumer prices and jobless rate dipped in September
Oct 30th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Growth of the Japanese manufacturing sector was registered for the fourth consecutive month in October. Despite falling slightly from September’s three-year high, the seasonally adjusted headline Nomura/JMMA Purchasing Managers’ Index (PMI), which posted 54.3, continued to point to a solid improvement in operating conditions that was the second-fastest since September 2006. Japanese consumer prices continued to fall sharply in September and the jobless rate also declined, according to data published Friday.