Japanese Manufacturing PMI in March rises for second straight month; Further fall in output signalled
Mar 31st, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The seasonally adjusted Nomura/JMMA Japanese Manufacturing PMI (Purchasing Managers' Index) remained deeply entrenched in negative territory in March, posting 33.8. Below 50 signals a contraction. Despite rising for the second straight month, the headline index signalled the fourth-sharpest deterioration in operating conditions recorded by the series to date.
