Japan's manufacturing activity shrank at its fastest pace in two-and-a-half years in February, according to a business survey. The 'au Jibun Bank' flash Japan Manufacturing Purchasing Managers' Index (PMI), a leading economic indicator, fell to a seasonally adjusted 47.

Japan's factory activity shrinks at the fastest pace in over two years

Japan's output of general machinery slipped 7.9%, while that of production machinery decreased 5.7%, driving down the overall index in November. Watch this video to know more.

World Business Watch: Japan November factory output falls 7.9 percent

The government kept its assessment of industrial production unchanged, saying it was picking up.

Japan factory output growth stalls after rising for 5 months

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Japan's factory activity shrinks at the fastest pace in over two years

World Business Watch: Japan November factory output falls 7.9 percent

Japan factory output growth stalls after rising for 5 months