EconomyJapan’s factory activity stays firm as July output surges, PMI shows
Japan’s manufacturing activity remained broadly resilient in July, according to a business survey released on Friday. Factory output expanded at its fastest pace since February 2014. Despite the strong production reading, uncertainty surrounding the situation in the Middle East continued to weigh on companies. The survey pointed to firm activity alongside ongoing concern among Japanese firms about external risks.
Japan’s factory activity stays firm as July output surges, PMI shows