Japan PMI manufacturing finalized at 50.1, change of V-shape recovery slim

<p>Japan PMI Manufacturing was finalized at 50.1 in June, up from May’s 38.4. Markit noted that firms still operate full capacity due to slow-moving order books. Export demand declines as coronavirus disruptions linger on. But business confidence rebounds into positive territory. Joe Hayes, Economist at IHS Markit, said: “The chance of a V-shape recovery in […]</p>
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