Japan's factory activity steadies as demand declines slow, PMI shows

— Reuters

TOKYO: Japan's manufacturing activity stalled in December as demand declined at a slower pace from the previous month, a private-sector survey showed, ending a five-month streak of deterioration.

The S&P Global Japan Manufacturing Purchasing Managers' Index (PMI) was flat at 50.0 in December, improving from 48.7 ‌in November and hitting the break-even point separating expansion from ⁠contraction.