Japan's manufacturing activity rises to 48.2 in March; services PMI increased to 54.9

seekingalpha03-21

The au Jibun Bank Japan Manufacturing PMI increased to 48.2 in March 2024 from a final 47.2 in the previous month, the lowest since August 2020, despite a ten-month contraction in factory activity and...

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The au Jibun Bank Japan Services PMI increased to 54.9 in March 2024 from 52.9 in February, marking the 19th consecutive month of growth in the service sector. The au Jibun Bank Japan Composite PMI rose to 52.3 in March 2024 from a final 50.6 in February, flash data showed, marking the third consecutive month of private sector growth, with service providers expanding the most in ten months. ETFs: (JEQ), (EWJ), (DXJ), (FXY). Nikkei 225 (NKY:IND) jumped 2.5% to above 40,825, reaching new record levels as the US Federal Reserve reiterated expectations for three interest rate cuts this year.  (USD:JPY) is trading at 150.979. More on Japan Japan's central bank hikes interest rate after 17 years, scraps yield curve control Japan's industrial output falls 6.7% in January, less than an initial estimate Japan Services PMI revised higher to 52.9 in February amid rise in domestic demand Japan's economy avoids recession as strong capex boosts Q4 GDP Japan's manufacturing activity slow, unemployment at 2.4%, though consumer confidence highest since Dec 2021","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2421005080"}