Japan's factory activity growth slowed in June as China's strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high on the fading pandemic drag.
China's COVID-19 lockdowns have disrupted supply chains, heavily impacting trade-reliant economies such as Japan.
Overall new orders shrank for the first time in nine months due to the deepening pressure on already disrupted supply chains, while output grew at its slowest rate in three months, the survey showed. "Activity at Japanese private sector businesses rose solidly," said Usamah Bhatti, economist at S&P Global Market Intelligence, which compiles the survey.
The au Jibun Bank Flash services PMI Index improved to a seasonally adjusted 54.2 in June from the prior month's 52.6 final. The 50-mark separates contraction from expansion.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Coronavirus in Colorado: COVID-19 updates for June 20-June 26, 2022Hospitalizations for COVID19Colorado dropped for the first time since April 12, though it’s not clear if this is a trend or a blip, as the state is only providing weekly updates on this particular metric. Latest update:
Baca lebih lajut »
Best Virgin Mobile iPhone 13 deals in June 2022Check out the best iPhone 13 deals available right now at Virgin Mobile!
Baca lebih lajut »
How to catch a glimpse of a five-planet alignment this JuneIf you are up early this month, you might see Mercury, Venus, Mars, Jupiter and Saturn line up in the morning sky, says Abigail Beall
Baca lebih lajut »
Horoscopes: Tuesday, June 21, 2022Daily Horoscopes
Baca lebih lajut »
Today’s daily horoscope for June 21, 2022Zodiac signs and horoscopes on 6/21/22 for Aquarius, Pisces, Aries, Taurus, Gemini, Cancer, Leo, Virgo, Libra, Scorpio, Sagittarius, Capricorn.
Baca lebih lajut »
Who are the Jan. 6 Hearing Witnesses for Tuesday, June 21?The panel investigating the events that led up to the insurrection will present its fourth day of evidence on Tuesday.
Baca lebih lajut »