Japan purchasing managers' index reaches highest since 2007

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
Large manufacturers' sentiment rallied to the highest level of 52.5 since the debt crisis broke out amid steps to mitigate increase of sales-tax, which is claimed to become 8% instead of 5% in April. Gain in business confidence across various sectors shows that Japan economy is improving, yet salaries went down 0.4% year-on-year and unemployment rate rose to 4.1% in August.
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