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Japanese private sector output expands at quickest rate for nearly a year-and-a-half in January
The latest S&P Global Flash PMI® data indicated that total Japanese private sector output expanded at the quickest rate in 17 months in January. The improved performance at the start of the year coincided with a stronger increase in new business, which contributed to a record rise in the volume of outstanding work. Companies responded to this by raising their staffing levels to the greatest extent since April 2019. Prices data meanwhile showed a further sharp upturn in operating expenses, which led to a marked rise in selling prices. The headline seasonally adjusted S&P Global Flash Japan PMI Composite Output ... (full story)
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