Tokyo – Japanese manufacturing activity expanded in December at the same pace as the previous month as new orders grew at a faster rate in a sign the economy maintained momentum at the end of 2015, a revised survey showed on Monday.

The Markit/Nikkei Final Japan Manufacturing Purchasing Managers’ Index (PMI) was a seasonally adjusted 52.6 in December versus a flash reading of 52.5 and unchanged from a final 52.6 in November – the highest reading since March 2014.

The index remained above the 50 threshold that separates expansion from contraction for the eighth consecutive month.

The final index for new orders was read more >>>

Source : BusinessInsider.Com