Japan’s factory output rose for the sixth straight month in August; Manufacturing PMI in biggest advance in September for three years
Sep 30th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Japan's factory output rose for the sixth straight month in August as stimulus measures across the world boosted global demand. Industrial production in the world's second largest economy increased 1.8 per cent from July and "continues to show an upward movement," the government said Wednesday. Also today, thee seasonally adjusted headline Nomura/JMMA Purchasing Managers’ Index (PMI) remained above the neutral level of 50.0 for the third successive month in September, posting 54.5, pointing to the most marked improvement in operating conditions in the Japanese manufacturing sector for three years.