Japan's factory activity falls at fastest pace in 8 months, PMI shows

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TOKYO : Japan's factory activity shrank at the fastest pace in eight months in November as soft demand prompted firms to trim production, a private-sector survey showed on Monday.

The final au Jibun Bank Japan manufacturing purchasing managers' index (PMI) slipped to 49.

Firms also adjusted their output due to weak demand, especially in the semiconductor and automotive sectors.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Firms Japan Demand Showed Level Factory Months Output Contraction Remained November

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 08:38:07 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 376 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24021698

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Main Topics: EconomyBusiness

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