Japan's Manufacturing PMI surveys factory purchasing managers on output, orders and hiring; a reading above 50 means manufacturing is expanding and below 50 means it is contracting.
Actual
51.5
Forecast
51.5
Previous
51.5
Japan Manufacturing PMI for Jan came in at 51.5 versus 51.5 expected (previous 51.5), in line with forecast.
What it meant for the JPY
The actual landed in line with the 51.5 forecast. A reading above forecast is generally bullish for the JPY, and below forecast bearish.
New to this release? See what Japan Manufacturing PMI measures, the next release and its full history.