The Nikkei Japan Manufacturing PMI declined to 49.5 in June 2019 from 49.8 in the previous month. Output shrank for a sixth straight month as new orders fell to the lowest level in three years, dragged by a sharper fall in exports. Also, output fell at a slower rate. In contrast, employment increased at a faster rate. “A soft patch for automotive demand and subdued client confidence in the wake of US-China trade frictions were often cited by survey respondents,” said Tim Moore, Associate Director at IHS Markit.