Japan preliminary November manufacturing PMI 49.0 (prior 49.2) ...Middle East

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Japan preliminary November manufacturing PMI 49.0 (prior 49.2)
Flash PMI from Japan - manufacturing November 2024Jibun Bank / S&P Global In summary from the report:Contraction Continues: Japanese private sector activity contracted for the second month in November, though the decline was less pronounced than in October (49.6).Services vs. Manufacturing: Service providers saw slight activity growth, while manufacturing output fell sharply, marking the steepest drop since April.Demand Stagnation: Overall demand remained stagnant, with new business in services steady but manufacturing new orders declining for the 18th consecutive month.Job Growth: Employment rose at the fastest pace in four months, supported by an increase in outstanding business.Elevated P

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