FX.co ★ Japan Manufacturing Growth Confirmed at Over 3-Year High

In January 2026, the S&P Global Japan Manufacturing PMI was recorded at 51.5, consistent with the preliminary estimate and an increase from the final figure of 50 in December. This represents the first growth in manufacturing activity since June of the previous year, with the rate of advancement being the most significant since August 2022. The expansion was driven by a rise in new orders for the first time since May 2023, marking the most substantial increase in nearly four years.