Japan August Manufacturing PMI: 49.7 (prior 49.9)

Japan August Manufacturing PMI: 49.7 (prior 49.9)

• Japan Jibun Bank PMI Manufacturing, August 2025

Japan Jibun Bank PMI Manufacturing, August 2025 faills from July

49.7

• prior 49.9

Remains in contraction.

• Export orders dropped at the sharpest pace in nearly 18 months, led by weaker demand from China, Europe and the U.S.

• Factory output decline slowed, but new orders overall continued to fall amid soft demand.

• Firms added staff for a ninth straight month, though business confidence slipped to a three-month low.

• Input costs ticked up slightly, while output price inflation slowed to its weakest in over four years due to competition and discounting.

The yen is little changed on the data. USD/JPY circa 147.20.

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Earlier:

• Japan data - Capex for Q2 +7.6% y/y (expected +6.2%)