News
Japan's Ind. Output declined unexpectedly by 1.2 pct in July, defying
forecast for 1.7 pct rise as global slowdown and stronger yen continue
to bite
Forward looking measure of the survey, now expects 0.1 pct rise in
August while decrease of 3.3 pct in Sep
Earlier today Japanese PMI for Mfg, sector gave almost similar picture
of Mfg. sector with slight decline to 47.7
Japanese domestic demand on back of reconstruction work has remained
only cushion for the export economy struggling with rising yen in wake
of global slow down
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