Japanese manufacturing declines further

Source: RTT News
© Scanpix/Reuters
Activity in the manufacturing sector of Japan continued to decrease in May of this year, while the benchmark PMI Index, which evaluate the performance of the sector, remained unchanged from April's reading at 49.9 points level. Meanwhile, the advance in acvitity would be shown by the PMI index above 50 points. The biggest contributor to decline is falling demand amid an increase of the sales tax.
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