Mumbai, Feb. 20 -- The manufacturing sector in Japan continued to expand in February, and at a faster pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 52.8.
That's up from 51.5 in January and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
This was supported by a stronger uplift in overall sales, which also rose to the greatest extent since May 2023, alongside another solid increase in employment. Companies also expressed greater optimism regarding future output, with sentiment hitting a 15-month high. On the prices front, both input costs and selling prices increased at slightly sharper rates.
The survey also showed that the services PMI ticked up ...