ECONOMICS COMMENTARY
Jan 31, 2014
Japanese manufacturers report record rise in production
The Markit/JMMA PMI signalled a survey-record increase in manufacturing output in January, with higher production fuelled by the largest monthly surge in new orders for eight years. With employment also rising strongly, the headline PMI (a composite index based on five survey variables) rose to 56.6, its highest since February 2006.
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