Japan’s PMI manufacturing finalized at 48.2, worst of weakness has passed

Japan’s PMI Manufacturing was finalized at 48.2 in March, up from February’s 47.2, highest in four months. Usamah Bhatti of S&P Global Market Intelligence noted that while the sector’s performance remained “downbeat,” there were emerging signs that the “worst of the weakness had passed”. This observation is based on softer reductions observed in both output […]

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