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Japan falls to 14th in manufacturing productivity: survey

Weaker yen, advances elsewhere fuel decline since 2000

TOKYO -- Japan's manufacturing sector, once hailed as the world leader in productivity, has declined steadily against global peers during this century amid a weaker yen and the growth of technological advances in other countries.

Labor productivity, a measure of nominal added value per capita, totaled $95,063 for the nation's manufacturing sector in 2015, the Japan Productivity Center reported late this month in an industry analysis. The value declined about 10% from five years earlier, leaving Japan at roughly 70% of the U.S. figure of $139,686.

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