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Japan: Business activity growth strengthens in November, but cost pressures intensify
The latest Flash PMI® data signalled a further expansion of Japanese private sector output during November, with the rate of growth edging up to a three-month high. At the same time, firms recorded only a slight fall in new orders that was softer than that seen in October. Business confidence regarding the one-year outlook for output meanwhile hit a ten-month high, and firms expanded their staffing levels at the quickest pace since June. Cost pressures intensified, however, with input prices increasing at the sharpest pace in six months, while selling prices rose solidly. The headline seasonally adjusted S&P ... (full story)
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