Publisher: Maaal International Media Company
License: 465734
Wednesday, 30 April 2025
Japan’s manufacturing contraction accelerates in November
Japan’s manufacturing contraction accelerated last month, according to data from Jibun Bank released Monday.
Jibun Bank said the sector’s purchasing managers’ index (PMI) fell to 49 in November from 49.2 in October.
A reading below 50 indicates contraction in economic activity in the sector, while a reading above 50 indicates growth, according to the German News Agency.
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