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Japan's manufacturing PMI fell to 51.6 in March from February's 45-month high of 53.0, showing continued expansion but at a slower pace as Middle East conflict uncertainty weighs on business confidence and drives input costs to 19-month highs, according to S&P Global data released on April 1.
Japan’s services sector expanded for a ninth straight month in December, but growth slowed to a seven-month low as input costs surged and new order growth moderated, according to S&P Global’s latest PMI data.
US manufacturing and services sectors both expanded in October, with S&P Global PMI data showing the fastest inventory build in 18 years and rising input costs amid falling output prices.