Japanese manufacturing sector in May improves at fastest rate in forty-four months
May 31st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Japanese manufacturing sector in May improves at fastest rate in forty-four months. At 54.7 in May, up from a revised figure of 53.8 in the preceding month, the seasonally adjusted Nomura/JMMA Purchasing Managers’ Index (PMI) pointed to a solid improvement in Japanese manufacturing sector operating conditions that was the fastest since September 2006. Meanwhile also today, government data showed that industrial production rose 1.3 per cent in April from March, which had recorded a 1.2 per cent rise.