Japan PMI flags sharp input-cost pressures, tightening case grows
S&P Global PMI data show Japanese manufacturing and services input costs rising sharply, despite easing inflation. The release adds another signal that an inflationary backdrop could support monetary tightening.
Cost pressures remain a key area of concern for Japanese firms, S&P Global PMI data show, sending another signal that the inflationary backdrop looks conducive to monetary tightening.
Input costs are continuing to rise sharply across manufacturing and services, despite inflation easing from recent…