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Japan Nov factory activity shrinks at quickest pace in 2 years

Channel News Asia LogoChannel News Asia2 mo ago

Japan Nov factory activity shrinks at quickest pace in 2 years - Channel News Asia

Quick Summary:

TOKYO : Japan's manufacturing activity contracted at the fastest pace in two years in November as demand worsened due to strong inflationary pressures, a business survey showed on Thursday.

Activity in the services sector stagnated even as new business inflows grew for a third straight month, the data showed.

Output contracted at the quickest pace in 26 months, falling for the fifth consecutive month, the survey results showed.


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Japan Nov factory activity shrinks at quickest pace in 2 years - Channel News Asia (Picture 1)Japan Nov factory activity shrinks at quickest pace in 2 years - Channel News Asia (Picture 2)

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-24 @ 08:33:56 (2 months ago)

News Timezone: GMT +8:00

Ranking: #2230 (out of 2772 stories this day)

News Source URL: channelnewsasia.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 1898911

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 30 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 40 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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The story "Japan Nov factory activity shrinks at quickest pace in 2 years" was covered 2 months ago by Channel News Asia, a news publisher based in Singapore.

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Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 30 news stories per day.

It's most recent story was published 40 minutes ago.

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  • News ID: #1898911
  • URL: https://beamstart.com/news/japan-nov-factory-activity-shrinks-16692524105304

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