Japan factory activity returns to growth after 11-month contraction, PMI shows


Photographer: Kiyoshi Ota/Bloomberg

TOKYO: Japan's manufacturing activity returned to growth in June after nearly a year of contraction, but demand conditions remain murky due to worries over U.S. tariffs and the global economic outlook, a private-sector survey showed on Monday.

Meanwhile, the service sector's expansion accelerated, pushing overall business activity to a four-month high, offering a counterbalance to the export-reliant factory sector amid diminished prospects for an early Japan-U.S. trade deal.

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