The headline Nikkei/Markit purchasing managers' index (PMI) rose to 49.0, from 47.3 in July, but remained below the 50-point level that separates contraction from growth for a fourth straight month. The majority of sub-indexes also continued to decline, but at a slow pace.
SEOUL: South Korea's factory activity shrank in August but at a slower pace than in July, a private sector survey showed on Monday, as global trade frictions and an escalating diplomatic dispute with Japan hit demand for the country's products.
The headline Nikkei/Markit purchasing managers' index (PMI) rose to 49.0, from 47.3 in July, but remained below the 50-point level that separates contraction from growth for a fourth straight month. The majority of sub-indexes also continued to decline, but at a slow pace.
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