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2026.08.2100:30:00UTC+00Japan’s Factory Activity Accelerates in August as S&P Global Manufacturing PMI Rises to 55.1

Japan’s manufacturing sector gained further momentum in August, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) edging up to 55.1. The latest reading, dated 21 August 2026, marks an improvement from July’s 54.5, signaling a stronger expansion in factory activity.

The move from 54.5 in July 2026 to 55.1 in August 2026 keeps the index comfortably above the 50-point threshold that separates expansion from contraction. The increase suggests that operating conditions in Japan’s manufacturing sector continued to improve month-on-month, pointing to resilient industrial demand and a solid pipeline of new orders.

With August’s print extending the positive trend seen in July, the data underscore a period of sustained strength for Japanese manufacturers. Investors and policymakers will be watching whether this uptick in momentum can be maintained in the coming months amid evolving global economic conditions.

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