Japanese S&P Global Composite PMI Final (Feb) 53.90 (Prev. 53.80, Rev. From 53.1)
Newsquawk Staff ·
Japanese S&P Global Composite PMI Final (Feb) 53.90 (Prev. 53.80, Rev. From 53.1)
What it means
The final reading of Japan's S&P Global Composite PMI for February has come in at 53.90, revised up from an earlier estimate of 53.1 and slightly above the previous month’s figure of 53.80. This improvement signals stronger growth in the private sector, which could lead to an upward revision in growth forecasts and influence the Bank of Japan's forthcoming policy decisions regarding interest rates.
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