Japan's manufacturing activity deteriorated for the fourth consecutive month in June, the latest flash survey from Markit Economics showed Thursday.
The Markit/ Nikkei Manufacturing Purchasing Managers' Index, or PMI, rose marginally to 47.8 in June from 47.7 in the previous month. However, any reading below 50 suggests contraction in the sector.
Manufacturing output continued its declining trend in June, though at a moderate rate than May's 25-month record. Similarly, new orders fell at a slower pace, while employment growth eased to the weakest in nine months.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.