TOKYO, - Japan's factory activity contracted for the fifth straight month in November due to sluggish demand caused by worries over China's economic slowdown and persistent cost pressures, a private-sector survey showed on Friday. Japan's factory activity extends declines on sluggish demand, PMI shows The au Jibun Bank flash Japan manufacturing purchasing managers' index slipped slightly to 49.0 in November …
The official manufacturing purchasing managers’ index – a key measure of factory output – came in at 49.7 in August, below the 50-point mark that separates expansion and contraction, according to the National Bureau of Statistics. “The survey results show that insufficient market demand remains a major problem facing enterprises today,” NBS analyst Zhao Qinghe said in a statement. “Overall …
India’s economy has shown signs of recovery in July as factory activity rebounded on the back of rising domestic and international demand. IHS Market’s survey confirmed that output rose at a robust pace, with over one-third of companies noting a monthly expansion in production as business rebound and Covid restriction ease. Read | Factory activity shrinks for first time in …
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