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Japan likely to further weaken

Japan's headline 'flash' manufacturing index was slightly lower at 49.7 from 50.4 in March, its lowest level in a year. New orders were weaker at 48.5 from 49.5 in March, and inventories also fell to 50.5 from 51.0. The …

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EconoTimes — Reading the Times. Understanding the Future.

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  • Japan's headline 'flash' manufacturing index was slightly lower at 49.7 from 50.4 in March, its lowest level in a year. 

  • New orders were weaker at 48.5 from 49.5 in March, and inventories also fell to 50.5 from 51.0. 

  • The gap between these two continued falling to -2.0 from 1.5 in March. This suggests that Japan could still have further weakening.

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