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Japan factory activity shrinks at slowest pace in six months: PMI

The PMI remained below the 50-level that separates contraction from expansion for a sixth straight month April, pointing to persistent struggles for factories.

US retail sales rose 1 3% last month, a sign of resilience

Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates

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