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Japan manufacturing: new order growth highest in eight months
Key points: •Flash Japan Manufacturing PMI™ at 52.8 (51.7 in September).Modest improvement in business conditions in September. •Flash Japan Manufacturing Output Index at 52.3 (53.4 in September). Moderate growth for third successive month. Amy Brownbill, Economist at Markit, which compiles the survey said: “Latest data indicated robust growth of operating conditions for Japanese manufacturers. New business rose at the highest rate since February and output remained in modest growth territory for the third month in a row. Furthermore, payroll numbers rose fractionally during the month, following a decline in ... (full story)