Japan's factory activity eased in September due to softer production, although further expansion in the service sector supported overall business momentum, a survey showed on Tuesday.

The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) fell to 49.6 in September from 49.8 in August.

The index stayed below the 50.0 threshold separating growth from contraction for a third straight month.

The subindex for output slipped marginally in September from August while that for new orders shrank at a softer pace.

The pace of inflation for both input and output prices eased, according to the survey.

Data earlier this month showed Japan's annual wholesale inflation slowed in August as the yen's rebound weighed on import costs.

Manufacturers' confidence for the outlook was subdued in September with the index for output prospects easing to its lowest since December 2022.

Source : Reuters