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Industry News
6th July 2016

Japan’s manufacturing PMI is still contracting: Can it recover?

Japan’s manufacturing PMI (purchasing managers’ index) stood at 48.1 in June 2016 compared to 47.7 in May. This final reading was above the flash reading of 47.8. A level of above 50 indicates expansion in industrial activity, while a level of below 50 indicates contraction in industrial activity.

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