Japan's Factory Activity Expands at Slower Pace in October, Flash PMI Shows

MT Newswires Live08:39

Operating conditions across Japan's manufacturing sector improved at a slower pace in October, with the flash Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, coming in at 53.3, according to data released on Friday.

The flash reading compared with 54.1 in September. A reading above 50 indicates an improvement in sector performance, while a figure below signals a deterioration.

The new orders index grew more slowly as goods producers posted their weakest rise in new orders since March.

Among other components, input cost inflation accelerated slightly and remained marked, while output price inflation eased to a four-month low.

Employment growth in manufacturing remained moderate, contrasting with the first reduction in services-sector payrolls since August 2025.

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