Japan PMI Manufacturing Rises to 54.9 as as AI Demand Drives Orders and Output

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Japan’s manufacturing sector strengthened further in August, with PMI Manufacturing rising from 54.5 to 54.9, marking an eighth straight month of improvement and the second-highest reading since January 2022. New business expanded at the fastest pace since January 2018, while new export orders also accelerated to their quickest rate since the start of 2018. Firms […]The post Japan PMI Manufacturing Rises to 54.9 as as AI Demand Drives Orders and Output appeared first on ActionForex.