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Japan’s November factory activity shrinks at quickest pace in two years

Japan Times LogoJapan Times1w ago

Japan’s November factory activity shrinks at quickest pace in two years

Quick Summary

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

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.

The contraction in factory activity also marked the first monthly decline in 22 months and raised a question mark over Japan’s economic outlook as the country relies heavily on trade with China and other nations for its growth.


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News Analysis

Author / Journalist: No Author

Category: Nation Politics

Topics: Content Include Plan List Activity Sites Comment Subscription First Enjoy

Source Website Secure: Yes (HTTPS)

Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

News Source URL: japantimes.co.jp

Readership Location: Japan

Published Date: 2022-11-24, 11:11:03

News Timezone: GMT +9:00

Language: English

Original Article Length: 217 words

Reading Duration: 2 minutes read

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

News ID: 5543573

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About Publisher

Japan Times Logo

Name: Japan Times

Main Topics: NationPolitics

Official Website: japantimes.co.jp

Update Frequency: 40 posts per day

Last Update: 4d ago

Headquarters: Japan

Coverage Areas: Japan

Publication Owner: Independent Company

Publication Timezone: GMT +9:00

Languages Covered: English

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Publisher ID: #132

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