Japan Preliminary April PMI Manufacturing 49.9 (previously 48.2) Services 54.6 (previously 54.1)

The composite is 52.6, before 51.7

Japan’s manufacturing PMI is on track to expand, but not there yet.

• 49.9 in April compared to 48.2 in March
• stay in contraction for 11 consecutive months

Flash Services PMI at 54.6 in April is its highest since May 2023

This article was written by Eamonn Sheridan at www.forexlive.com.

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