Japan's factory activity shrank for a fifth straight month in October while the service sector saw its weakest growth this year, a survey showed on Tuesday, amid growing uncertainty over the outlook for the world's third-largest economy.
The au Jibun Bank flash Japan manufacturing purchasing managers' index remained flat at 48.5 in October. The index has remained below the 50.0 threshold that separates contraction from expansion since June.
The au Jibun Bank flash services PMI fell further to 51.1 in October from 53.8 in September last month, marking the slowest rate of growth since the beginning of this year.
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