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JAPAN'S FACTORY ACTIVITY DIPS FOR 4TH STRAIGHT MONTH

NEWS Desk Global



Japan's factory activity contracted for the fourth straight month in October on subdued demand and weak orders. The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) declined to 49.0 in October from 49.7 in September.

The index stayed below the 50.0 threshold separating growth from contraction for a fourth straight month.

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