Japan Manufacturing PMI

Japan’s Manufacturing PMI decreased to 48.1 by -1.0% on November 2023 from 48.7 in the previous month. On a year on year basis Japan’s Manufacturing PMI decreased by -2.0%. Japan’s Manufacturing PMI trend is down since the current value of 48.1 is lower than the 12 month moving average of 49.09. and the 12 month moving average slope is down.Japan’s Manufacturing PMI 5-year percentile is currently at 60.0%.
A detailed analysis can be found here