Rising PMIs Indicate Diverse Economic Trends in Japan and the UK
In April 2024, Japan saw a notable rise in its manufacturing PMI to 49.9, the highest since June 2023. This increase reflects strong service sector performance, which scored a PMI of 54.6. As a result, Japan’s overall business activity improved, with a composite PMI of 52.6. The Purchasing Managers’ Index (PMI) measures the economic health […]