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Japan manufacturing output growth slows to weakest since October 2014
Latest data highlighted a weaker improvement of operating conditions in the Japanese manufacturing sector in March. Production growth slowed to the weakest since October 2014, alongside a fall in new orders. Subsequently, employment levels declined for the first time in six months in March. Meanwhile, cost pressures persisted, as input prices continued to rise, albeit at a slower rate. The headline Markit Japan Manufacturing Purchasing Managers’ Index TM (PMI) TM is a composite single - figure indicator of manufacturing performance. It is derived from indicators for new orders, output, employment, suppliers’ ... (full story)