Japanese manufacturing PMI falls below 50.0 mark
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Deteriorating demand in both domestic and export markets led to a solid contraction of Japanese engineering and manufacturing output during March and an overall worsening of operating conditions for the first time in five months. Inflationary pressures showed no signs of abating either, with rates of increase in both input and output prices reaching fresh survey highs at the end of the first quarter. ....click the link to read more
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Wednesday 2 April, 2008 10:09 AM |