Japan’s manufacturing PMI fell to 53.3 in October from 54.1, a seven-month low, InvestingLive reports from S&P Global’s survey. Semiconductor demand kept orders and output growing, but both lost momentum. Input-cost inflation accelerated for the first time in five months, while factory-gate price inflation eased. Strong hiring and faster-growing backlogs complicate the slowdown: factories still face capacity pressure, rather than a broad collapse in demand.
Related currencies / asset groups: JPY
InvestingLive describes slower expansion with persistent capacity and cost pressure.
Japan’s manufacturing PMI fell to 53.3 in October from 54.1 in September, its lowest reading in seven months.
InvestingLive / ForexLiveInput-cost inflation accelerated for the first time in five months, while factory-gate price inflation slowed to a six-month low.
InvestingLive / ForexLiveLimitation: factory-gate price inflation eased even as input costs accelerated.
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