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Japan Manufacturing Sector Falls Into Contraction

Por: RTTNews Business July 03, 2023

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The manufacturing sector in Japan slipped into contraction territory in June, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.8.That's down from 50.6 in May and it falls beneath the boom-or-bust line of 50 that separates expansion from contraction.Production levels fell for the eleventh time in the past year during June, commonly associated with falling new orders and a lack of suitable staff. The... + full article



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