Japan Jun PMI 54.9
PMI Services: 51.8 v 50.0 prior (19th month of expansion) - - PMI Composite: 52.5 v 51.1 prior - - Comments - - it is important to note that the current period of growth is partly being driven by stock-piling efforts amid the war in the Middle East, and these efforts are likely to fade in the months ahead as warehouses fill and cost pressures bite - - the latest PMI survey signalled the sharpest rise in input costs for nearly four years in June. Subsequently, the rate of selling price inflation eased only slightly from May's survey record as many firms looked to pass on higher expenses to clients.
PMI Services: 51.8 v 50.0 prior (19th month of expansion) - - PMI Composite: 52.5 v 51.1 prior - - Comments - - it is important to note that the current period of growth is partly being driven by stock-piling efforts amid the war in the Middle East, and these efforts are likely to fade in the months ahead as warehouses fill and cost pressures bite - - the latest PMI survey signalled the sharpest rise in input costs for nearly four years in June.
Subsequently, the rate of selling price inflation eased only slightly from May's survey record as many firms looked to pass on higher expenses to clients.