Abenomics At Work: Japan’s April Output And Orders Fall Sharply

The Markit/JMMA Purchasing Managers’ Index™ (PMI™ ) posted at 49.4 in April, down from 53.9 in March. This was the first time in 14 months that the Japanese manufacturing sector saw a deterioration in business conditions. Output fell to the greatest extent seen since December 2012.
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