The Traderszone Network

Published in TZ Latest News 20 May, 2015 by The TZ Newswire Staff

Japan May flash manufacturing PMI back in expansion territory as orders pick up

The Markit/JMMA flash Japan Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 50.9 in May from a final 49.9 in April. Japan’s economy expanded in January-March at the fastest pace in a year, but much of the growth came from inventories, data showed on Wednesday.