Nikkei Japan Manufacturing PMI increased in November to 53.6, from 52.8

Growth in the Japanese manufacturing sector gathered momentum in the latest survey period. New business expanded at the fastest rate since March 2014, while rising demand from China supported a nine-month high in export growth. In turn, firms raised production to the greatest extent in 45 months.

The headline Nikkei Japan Manufacturing Purchasing Managers’ Index (PMI) – a composite single-figure indicator of manufacturing performance – increased in November to 53.6, from 52.8 in October. This signalled the strongest improvement in manufacturing sector conditions since March 2014