Asia's factory activity expands in June on solid global demand


TOKYO: Asia's factory activity expanded in June on solid momentum in the global economy and brightening prospects for semiconductor output, surveys showed on Monday, offering policymakers some hope the region can weather the hit from soft Chinese demand.

But cost pressures weighed on manufacturers in countries like Japan, where the weak yen is boosting the price companies pay for fuel and raw material imports.

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Asia , factory , manufacturing , semiconductor , PMI , IMF

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