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Published 2 months ago

Japan's factory activity expands for first time in a year, PMI shows

Summary by Channel News Asia
TOKYO : Japan's factory activity crept into expansion for the first time in a year in May, a business survey showed on Thursday, as manufacturing gathered pace after months of weakness.The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) climbed to 50.5 in May from 49.6 in April, b

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