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Nikkei PMI

Japan manufacturing PMI dips in May

TOKYO -- Japan's manufacturing sector contracted in May with both output and new orders falling for fifth successive months, according to a survey.

The Nikkei Japan Manufacturing Purchasing Managers' Index, or PMI, fell from 50.2 in April to 49.8 in May, registering below 50 point-line which separates expansion from contraction.

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