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Japan's factory output fell sharply in October, its worst drop in 19 months, driven by declining orders and rising inflation.
Japan's manufacturing sector contracted at its fastest pace in 19 months in October, with the PMI falling to 48.3, driven by a sharp drop in new orders.
The services sector softened to 52.4, and the composite PMI dipped to 50.9, the weakest growth in five months.
Despite declining output and orders, optimism rose over global recovery and electronics demand.
Inflation accelerated due to higher wages, raw materials, fuel, and a weak yen, complicating the Bank of Japan's policy outlook.
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La producción de las fábricas de Japón cayó bruscamente en octubre, su peor caída en 19 meses, impulsada por la disminución de los pedidos y el aumento de la inflación.