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Japan's manufacturing sector shrinks again, but services grow, raising composite PMI slightly.
Japan's manufacturing sector contracted for the tenth month in a row in April, though at a slower rate, with a PMI of 48.5.
The services sector showed growth, with a PMI of 52.2, and the composite PMI increased to 51.1.
Despite this, new orders in manufacturing fell at the fastest pace since February 2024, and business confidence hit a low due to global economic concerns and staff shortages.
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El sector manufacturero de Japón vuelve a contraerse, pero los servicios crecen, elevando ligeramente el PMI compuesto.