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Japan Manufacturing Sector Clips Into Contraction

Por: RTTNews Business December 01, 2022

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The manufacturing sector in Japan fell into contraction in November, the latest survey from Jibun Bank showed on Thursday with a manufacturing PMI core of 49.0.That's down from 50.7 in October, and it moves beneath the boom-or-bust line of 50 that separates expansion from contraction.Contributing to the sub-50.0 PMI reading was a sharper contraction in output levels at Japanese manufacturing companies. The downturn was the strongest since... + full article



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