Japan PMI manufacturing finalized at 49.6, but business optimism elevated

<p>Japan PMI Manufacturing was finalized at 49.6 in July, down from June’s 49.8. That also marked the second month of concurrent decline in output and new orders. Usamah Bhatti at S&P Global Market Intelligence highlighted the significant role of “quicker deterioration in new order inflows” and also “sustained” decline in production. Despite these struggles, inflationary […]</p>
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