Japan data - Jibun Bank Manufacturing PMI (final) for January 2024 48.0 (prev 48.0) ...Middle East

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Jibun / S&P Global Final January PMIs for Japan is 48.0preliminary was 48.047.9 priorComment from the report (in brief):highlights a sustained downturn in manufacturing sector performance at the start of 2024Depressed economic conditions at home and globally weighed heavily on the sectorboth output and new orders were scaled back further, with the decline in the latter remaining notably sharpmanufacturers signalling the sharpest depletion in outstanding business since August 2020Japanese manufacturers faced additional pressures on the price and supply front. Cost burdens reportedly rose at a marked pace yet again amid high raw material, labour and fuel prices, while manufacturers signalled

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