Japan April manufacturing PMI rises in March

Japanese manufacturing activity expanded in April at the fastest pace in just over a year in an encouraging sign that stabilising overseas demand and a weaker yen are helping the economy.

The Markit/JMMA Japan Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 51.1 in April from 50.4 in March.

The index remained above the 50 threshold that separates expansion from contraction for the second consecutive month and showed that activity grew at the fastest pace since March last year.

via Business feed http://www.scmp.com/business/economy/article/1226553/japan-april-manufacturing-pmi-rises-march