Many Asian economies see factory activity growth slow in May. China’s heavy-handed coronavirus curbs continue to disrupt supply chains and dampen demand. Japan’s manufacturing activity grew at the weakest pace in three months. South Korea’s exports grew at a faster pace in May than a month earlier, data showed. India’s factory activity expanded at a better-than-expected rate in May, with demand resilient despite persistently high inflation. India’s industrial sector saw growth in May despite persistent high inflation in the region. Japan and South Korea reported sharp declines in output. China’s industrial output fell at the lowest level in eight months in May. Japan’s industrial activity fell at lowest level since February. China’s industrial output rose at lowest rate since March. . . .
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