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Japanese manufacturing PMI falls below 50.0 mark

Clipped to the Drawing Board by Tony Elmasri  

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.

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Wednesday 2 April, 2008 10:09 AM
 
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