The manufacturing sector in Japan continued to contract in May, and at a faster rate, the latest survey from Nikkei showed on Wednesday with a Performance of Manufacturing Index score of 47.7.
That's down from 48.2 in April, and it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output tumbled by its fastest rate in 25 months, while new orders fell at their quickest pace in 41 months.
New export orders fell at their fastest rate in 28 months.
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