18-July-2024
Economy News
 
Japan's June Factory Activity Eases as Costs Rise, PMI Shows
21-Jun-2024

Japan's factory activity expanded for a second straight month in June but the pace of growth eased as orders weakened and cost pressures intensified, a business survey showed on Friday. The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) stood at 50.1 in June, down slightly from 50.4 in May, but still above the 50.0 threshold separating growth from contraction on a monthly basis.

News Source:- https://money.usnews.com/investing/news/articles/2024-06-20/japans-june-factory-activity-eases-as-costs-rise-pmi-shows