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Japan's manufacturing sector contracted in November 2025, but services stayed strong, boosting overall economic expansion amid rising inflation and improved business confidence.
Japan's manufacturing sector contracted for the fifth straight month in November 2025, with the flash PMI rising slightly to 48.8, though new orders, especially exports, fell at the fastest pace in three months.
Factory output hit a four-month high, signaling mild stabilization.
The services sector remained strong, holding steady at 53.1, driven by domestic demand, helping lift the composite PMI to 52.0, the eighth consecutive month of expansion.
Inflation pressures grew, with input costs rising at the fastest pace in six months, prompting price hikes, while business confidence reached its highest level since January and employment rose sharply.
El sector manufacturero de Japón se contrajo en noviembre de 2025, pero los servicios se mantuvieron fuertes, impulsando la expansión económica general en medio de la creciente inflación y la mejora de la confianza empresarial.