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Markit/JMMA Flash Japan Manufacturing PMI
Key points: Flash Japan Manufacturing PMI™ at 50.8 (51.5 in June). Slight slowdown in growth registered in July. Flash Japan Manufacturing Output Index at 50.0 (52.4 in June). Output unchanged. “Japanese manufacturers’ new orders remained in growth territory for the second month running, while there was a rise in new exports for the first time in four months. “These weren’t enough to prevent output stagnating, although this most likely reflects a little payback from the solid gains seen in June and the on-going unwinding of the impact of the hike in sales tax earlier in the year. “Looking ... (full story)