Japan Jibun Bank September Manufacturing PMI (final): 49.7 (prior was 49.8) ...Middle East

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Manufacturing PMI from Japan for September 2024, the final from S&P Global / Jibun Bank.Another contraction result. Preliminary is here:Japan Jibun preliminary Sep PMIs: Manufacturing 49.6 (prior 49.8) Services 53.9 (53.7)The key points in the report:Output levels fall for second time in three months Slowest rise in employment levels in current seven month sequence Output charge inflation reaches lowest since June 2021This is not a great report, but they haven't been for a while. Japan's latest Purchasing Managers' Index (PMI) results indicate a subdued outlook for the manufacturing sector, with both output and new orders slipping into contraction. The data also shows a significant slowdown

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