Mumbai, July 1 -- Japan's manufacturing sector remained on a strong growth path in June, with business conditions improving at the fastest quarterly pace since the first quarter of 2014, supported by robust demand and higher production.
The headline S&P Global Japan Manufacturing Purchasing Managers' Index (PMI) rose to 54.8 in June from 54.5 in May, marking the second-sharpest improvement in operating conditions since January 2022, after April 2026. Growth was recorded across all three manufacturing sectors, led by intermediate goods producers.
Production expanded at the second-fastest pace since January 2022, driven by stronger sales. New orders recorded their quickest increase since the start of 2022, partly as customers built inventor...