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Jibun Bank Japan Manufacturing PMI
Overall business conditions among Japanese manufacturers deteriorated for the tenth consecutive month in March, though the rate of contraction eased from the previous survey period amid softer reductions in both output and new orders. Firms continued to associate the declines to weak customer demand in domestic and external markets, which meant firms adjusted production accordingly. At the same time however, firms looked to keep on top of capacity requirements by raising employment levels for the first time in three months. On the price front, firms recorded a further softening in the rate of input price inflation, ... (full story)