Japan Manufacturing Growth Hits Eight-Year High
Japan manufacturing activity expanded at its fastest pace since 2018 in August. Solid demand for semiconductors and AI products drove output and new business higher.
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Japan's manufacturing sector expanded in August as new business grew at the fastest pace since January 2018 on solid demand for semiconductors. The S&P GLOBAL INC Japan Manufacturing PMI rose to 54.9 from 54.5 in July. This marks the eighth consecutive month of expansion for the sector.
