Authorities are eager to prevent high factory-gate prices being passed on to consumers
The Nikkei Manufacturing Purchasing Managers' Index compiled by IHS Markit, declined to an 11-month low of 48.1 in June from May's 50.8
Growth in China's factory activity dipped to a four-month low in June, weighed by higher raw material costs, global shortage of semiconductors and a resurgence of Covid cases in major export province
Job loss accelerated as Covid-19 'crisis intensifies' in sector, says private survey
European manufacturers ramped up activity at the fastest monthly pace in PMI survey history but a spike in COVID-19 infections in some countries continued to disrupt supply chains
The country's official manufacturing purchasing managers' index (PMI) fell to 51.1 in April from 51.9 in March
Despite foreign orders growing at a faster pace in March, a sub-index tracking overall demand declined to its lowest since August 2020. Output also grew at its weakest pace in seven months
The Covid-19 pandemic restricted international demand for Indian goods. In response to another robust increase in total new orders, production was raised again in February
China's was the first major economy to lead the recovery from the COVID-19 shock, so any signs of prolonged cooling in Asia's engine of growth will likely be a cause for concern
Business Standard brings you top news of the evening
The Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, rose to 57.7 in January from December's 56.4, above the 50-level separating growth from contraction for 6th straight month
The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, rose to 52.0 in August from 46.0 in July
Numbers beat analysts' forecasts for a more modest improvement of 51.3
Japan's factory activity contracted at the fastest pace in about a decade in March, adding to views that the world's third-largest economy is likely already in recession
Solid growth in demand was despite output prices rising at the fastest rate in nearly three years
China's weakness spilled over to other economies, with Malaysia's manufacturing activity shrinking to its weakest pace of expansion since 2012 and Taiwan contracting to its lowest since September 2015
The country's manufacturing sector witnessed higher payroll figures in December while the rate of job creation rose to its highest since August 2012
There was some evidence that China has stabilised, if only because of a burst of government spending and a red-hot housing market
US manufacturing activity eased in July amid shrinking order backlogs and declining employment, while an unexpected drop in construction spending in June suggested second-quarter economic was probably even weaker than reported last week. The Institute for Supply Management's report on Monday said its index of national factory activity slipped 0.6 percentage point to a reading of 52.6 last month. The index has now increased for five straight months. In a separate report, the Commerce Department said construction spending declined 0.6 per cent to its lowest level since June 2015 after dipping 0.1 per cent May. June marked the third straight month of declines in outlays. Economists polled by Reuters had forecast construction spending rising 0.5 per cent in June after a previously reported 0.8 per cent drop in May.