Flash PMI Gives More Evidence that Japan has Entered Recession, Unlikely to be Rescued by Stimulus

<p>A week before the final data, the flash PMI report for Japan gives a glimpse of how the coronavirus outbreak has hurt the country’s manufacturing and services activities. The composite output index slumped to 35.8, compared with 47 in February. Sector-wise, the services index dived to 32.7 in March compared with 46.8 in February, while […]</p>
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