Japan manufacturing growth slowing

Manufacturing activity in Japan increased in September, although at a slower pace as the Purchasing Managers' Index (PMI) fell from 54.9 to 54.1 points, indicating continued growth but at a slower rate. The services sector also experienced a decline from 52.5 to 51.6 points, with inflation remaining high despite a slight decrease, especially in product prices and production costs. Despite the slowdown in growth, the Japanese economy is still expanding overall, with persistent inflationary pressures and rising economic expenses.

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