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Japanese manufacturing confidence dropped to a six-month low in January due to weak global demand, especially from China and the U.S.
Japanese manufacturers' confidence fell to a six-month low of +7 in January, down from +10, due to weak global demand, especially from China and the U.S., with steel, chemicals, and oil sectors hit hardest.
Reduced Chinese orders, sluggish consumer spending, and U.S. tariffs contributed to the decline.
Non-manufacturers dipped slightly to +32, hurt by lower Chinese tourism and retail challenges, though some service sectors improved.
Manufacturers expect a rebound to +10 by April, while non-manufacturers anticipate further weakening to +26.
The survey covered nearly 240 anonymous companies.
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La confianza de la industria manufacturera japonesa cayó a su nivel más bajo en seis meses en enero debido a la débil demanda mundial, especialmente de China y los Estados Unidos.