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Manufacturing

4 Min read

CORONAVIRUS AFFECTS JAPAN’S MANUFACTURING INDUSTRY

Published On 04 Feb 2020 06:48 AM


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Highlights:

  • Japan’s factories reported ninth consecutive month’s reduction in activity
  • Coronavirus outbreak affects the new orders contracts

Japan’s manufacturing industry has been hit by reduction in activity for the ninth continuous month. This was a result of reduction in new order contracts and output generated. It has put strain on the Japanese economy.

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Tags : Japan, manufacturing, coronavirus, ninth month low, exports,
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