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Jibun Bank Japan Manufacturing PMI
Operating conditions in Japan’s manufacturing sector continued to deteriorate in October. Both output and new orders fell again, amid reports of deteriorating demand conditions across both home and international markets. Marginal jobs cuts were signalled as a result, whilst firms cut purchasing activity amid concerns over excess inventory at their plants. On the price front, input costs continued to rise at an elevated pace, whilst output charges increased at an unchanged, and marked, rate. Confidence in the future remained above its historical average, however. There are hopes amongst panellists that the current ... (full story)