Japan output on the mend

Chris Papadopoullos
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THE TURBULENCE from Japan’s sales tax hike in April has subsided and growth has steadied, according to a popular business survey.

The Flash Japan Manufacturing Purchasing Managers Index, compiled by Markit, rose to 52.2 in September from 51.7 in August.

A value above 50 signifies growth on the month suggesting the recent decline was temporary.

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