Japan's factory growth slowest in over one-and-a-half years, new orders weaken: flash PMI
Updated : July 24, 2018 07:15 AM IST
Japanese manufacturing activity expanded at the slowest pace in over 1-1/2 years in July, a preliminary private survey showed on Tuesday.
The flash Markit/Nikkei Japan Manufacturing Purchasing Managers Index (PMI) fell to a seasonally adjusted 51.6 in July from a final 53.0 in June.
The index remained above the 50 threshold that separates expansion from contraction for the 23rd consecutive month but declined to the weakest level since November 2016.