Japan flash manufacturing PMI hits 20-month high in November

Japanese goods producers are on course for their best quarter since the start of 2014. The Nikkei Manufacturing PMI hit a 20-month high of 52.8 in November, according to the preliminary ‘flash’ reading. The PMI readings for the fourth quarter so far are the highest since the first quarter of 2014, suggesting the sector is making a positive contribution to economic growth.