Japan PMI Points To Solid Fourth Quarter Growth, But Cost Pressures Hit Near-Decade High
(WorldNews Japan)

Japanese growth remained robust in November, setting the scene for another solid quarter at the end of the year, according to the latest Nikkei PMI survey. The survey`s sub-indices showed that the upturn in output was accompanied by steady employment growth, linked to stronger gains in new business, but also revealed signs of increasingly tight profit margins. Robust demand drives upturn The economy grew 0.3% during the third quarter, according to official estimates, down from 0.6% in the three months to June. However, the PMI surveys, which...