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Japanese Manufacturing PMI Jumps in April |
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Asian Economy |
Written by CEP News |
Apr 29 09 23:26 GMT |
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(CEP News) - Manufacturing conditions in Japan improved in April, according to a report from Nomura and the JMMA on Thursday (Wednesday EDT).
According to a report, the country's manufacturing PMI advanced to 41.4 from 33.8 in March. Although the index remains below the 50 level, which indicates a contracting industrial sector, the figure is well above the 29.6 reading recorded in January. By Erik Kevin Franco,
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, edited by Stephen Huebl,
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