Japan’s factory activity expands for first time in 7 months

TOKYO  – Japan’s manufacturing activity expanded for the first time in seven months in May, while the service-sector hit record growth, a survey showed on Tuesday, as the post-COVID recovery shored up business conditions. The au Jibun Bank flash Japan manufacturing purchasing managers’ index (PMI) rose to a seasonally adjusted 50.8 in May, from a … Continue reading Japan’s factory activity expands for first time in 7 months