FLJP - Japan Flash PMI Signals Accelerating Growth Momentum And Rising Inflation In March 2024

2024-03-21 02:55:00 ET

Summary

• Japan's private sector picked up growth momentum into the end of the first quarter, according to flash PMI data.
• This was attributed mainly to faster service sector expansion, though manufacturing output also declined at a slower rate in March.
• Amidst faster business activity expansion, price pressures intensified leading to higher output price inflation.

Japan's private sector picked up growth momentum into the end of the first quarter, according to flash PMI data. This was attributed mainly to faster service sector expansion, though manufacturing output also declined at a slower rate in March....

For further details see: