TOKYO, Oct 2 (Reuters) - Japan's factory activity fell at the fastest pace in seven months in September, a survey showed on Monday, as worsening global economic conditions continued to weaken demand.
Output in September was the lowest since June while the decline in new orders was the steepest since February, S&P Global Market Intelligence data showed.
"Depressed economic conditions domestically and globally weighed heavily on the sector," said Usamah Bhatti, economist at S&P Global Market Intelligence, which compiled the survey.
The yen has come under pressure in recent months, weighed by the Bank of Japan's ultra-loose monetary policy that has inflated the costs of imported goods and squeezed manufacturers.
The pessimistic headline figure followed government data published last week that showed Japanese factory output remained flat in August.
Persons:
Usamah Bhatti, Satoshi Sugiyama, Sam Holmes
Organizations:
Jibun Bank, P Global Market Intelligence, Bank of Japan's, Thomson
Locations:
TOKYO, Jibun Bank Japan, China, Taiwan