Japan August flash manufacturing PMI shows fastest expansion in seven months

August 21, 2015 1:53 AM

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Japan August flash manufacturing PMI shows fastest expansion in seven months

TOKYO Aug 21 Japanese manufacturing activity expanded in August at the fastest pace in seven months as domestic orders rose, a survey showed on Friday, suggesting the economy is bouncing back after contracting in the April-June quarter.

The Markit/Nikkei Japan Flash Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 51.9 in August from a final 51.2 in July.

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