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Jibun Bank Japan Manufacturing PMI
According to August survey data, Japan's manufacturing sector remained stuck in a downturn, with key barometers of business health such as output and new orders both declining. Sluggish demand continued as conditions in domestic and overseas markets remained challenging, while firms trimmed their purchases of inputs amid a subdued outlook for the coming 12 months. Efforts to stimulate sales were seen as firms reduced output prices. Employment was the only positive indicator in August, with jobs growth continuing at a historically solid rate.The headline Jibun Bank Japan Manufacturing Purchasing Managers’ Index™ ... (full story)