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Japan's Feb Factory Activity Declines As Conditions Worsen

Japan Supply chain
A worker walks at a factory in Tokyo

Japan's factory activity continued to decline in February, according to the latest Purchasing Managers' Index (PMI) report. The PMI data revealed that conditions worsened for manufacturers in the country.

The PMI for February indicated a decrease in factory output, with a reading below the neutral 50 threshold. This marks a continuation of the downward trend seen in recent months.

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