TOKYO (dpa-AFX) - The manufacturing sector in Japan continued to expand in January, and at a faster rate, the latest survey from Nikkei showed on Thursday with a Manufacturing PMI score of 54.8.
That's up from 54.0 in December, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, there was a broadly based increase in new orders.
Output prices climbed amid intensified cost pressures, while business confidence strengthened.
Copyright RTT News/dpa-AFX