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au Jibun Bank Japan Manufacturing PMI
Japan's manufacturing economy was faced with further challenges in June, according to the latest PMI survey, which showed sharp reductions in new orders, output and purchasing activity. Businesses that restarted their production lines reportedly operated well below capacity as economic conditions both domestically and globally remained fragile amid the ongoing coronavirus disease 2019 (COVID19) pandemic. That said, growing expectations of a recovery led business sentiment to jump back into positive territory for the first time since February. The headline au Jibun Bank Japan Manufacturing Purchasing Managers’ ... (full story)