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Japan's manufacturing and service sectors sharply contract, signaling a potential economic downturn.
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.
This decline, marked by reduced production and new orders, signals a potential economic downturn, fueled by rising costs, labor shortages, and global trade uncertainties.
The data suggests a disappointing end to the first quarter for Japan's economy.
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Los sectores manufacturero y de servicios de Japón se contraen bruscamente, lo que indica una posible recesión económica.