Japan data - Nikkei Manufacturing PMI for August (final): 51.7 (vs. flash of 51.9)

Japan Nikkei Manufacturing PMI (August -final): 51.7

• The 'flash' was an improved 51.9
• The prior month was 51.2

Japanese manufacturing activity in August expanded at the fastest pace in seven months

• Domestic orders rose
• New orders rose to 53.4, more than a preliminary 53.2 and a final 50.9 in the previous month
• Suggests domestic demand is picking up
• New export orders was 51.6 (flash of 50.5, and 52.2 in the previous month)
• Output growth also slowed from both the preliminary reading and final number in July

Encouraging data out of Japan from this survey