The au Jibun Bank Japan Composite PMI was revised higher to 49.9 in March 2021, from a preliminary estimate of 48.3, signaling a broad stabilization in private sector output. The latest reading was the highest since January 2020, helped by solid manufacturing output growth and a softer contraction in services sector activity. New orders moved towards stabilization, while employment levels rose the most in 14 months. Finally, business sentiment hit its highest level since May 2013, on hopes that the impact of the pandemic would dissipate amid a successful vaccination program ahead of the Tokyo Olympics. source: Markit Economics
Composite PMI in Japan averaged 50.02 points from 2013 until 2021, reaching an all time high of 54.10 points in January of 2014 and a record low of 25.80 points in April of 2020. This page provides - Japan Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Composite PMI - values, historical data and charts - was last updated on April of 2021.
Composite PMI in Japan is expected to be 52.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in Japan to stand at 52.00 in 12 months time. In the long-term, the Japan Composite PMI is projected to trend around 52.00 points in 2022, according to our econometric models.