India s industrial production in October rose to a 16-month high of 11.7 per cent in October 2023 against a contraction of 4.1 per cent in the same period a year ago, the Ministry of Statistics & Programme Implementation (MOSPI) said on Tuesday.
Japan's factory activity contracted for a fifth straight month in October, a survey showed on Wednesday, as subdued demand and inflationary pressures squeezed businesses. The final au Jibun Bank Japan manufacturing purchasing managers' index (PMI) stood at 48.7 in October, slightly improved from 48.5 in September, but still below the 50.0 point threshold that separates growth from contraction. Subindexes of output and new orders also contracted for a fifth straight month in October.