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flag Japan's manufacturing and service sectors sharply contract, signaling a potential economic downturn.

flag Japan's manufacturing and service sectors both contracted sharply in March, with the manufacturing PMI falling to 48.3 and the services PMI to 49.5. flag This decline, marked by reduced production and new orders, signals a potential economic downturn, fueled by rising costs, labor shortages, and global trade uncertainties. flag The data suggests a disappointing end to the first quarter for Japan's economy.

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