Japan new export orders expand at fastest pace in almost four years - Flash PMI

Omkar Godbole FXStreet Contributor

Japanese manufacturing activity expanded at the fastest pace in more than three years in November, a preliminary survey showed today.

Key points (source - Reuters)

Markit/Nikkei Japan Manufacturing flash Purchasing Managers Index (PMI) rose to 53.8 in November on a seasonally adjusted basis from a final reading of 52.8 in October. (fastest since March 2014).
The index for new export orders rose to 54.5 from a final 52.3 in the previous month to reach the highest since December 2013.
The index for total new domestic and export orders jumped to the highest since March 2014.
Input prices rose at a much faster pace than October, but sellers were above to pass only a small portion of the cost to consumers.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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