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In August, Japan's PMI rose to 49.8, signaling slower contraction, while export volumes dropped due to weak demand from China and South Korea.
In August, Japan's Manufacturing Purchasing Managers' Index (PMI) improved to 49.8 from July's 49.1, indicating a slower contraction.
Although new orders declined, output expanded, and employment grew.
Input price inflation hit a 16-month high, driven by rising raw material costs.
Export volumes dropped significantly due to weak demand from China and South Korea.
Despite challenges, firms remain optimistic about future sales and demand, signaling potential stabilization in the economy.
8 months ago
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