The Nikkei Japan Manufacturing PMI was revised higher to 48.9 in February 2019, compared to a preliminary estimate of 48.5 and January's 50.3. Still, it was the lowest print in 32 months and the first contraction in the sector in two-and-a-half years, as output contracted the most since May 2016 and new orders dropped at the fastest rate in over two-and-a-half years as new export business continued to decline amid lower sales to China. On the upside, employment increased, input costs rose at the softest pace in 16 months and efficiency gains at suppliers helped delivery times broadly stabilise. Manufacturing PMI in Japan is reported by Markit Economics.

Manufacturing PMI in Japan is expected to be 52.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Japan to stand at 51.40 in 12 months time. In the long-term, the Japan Manufacturing PMI is projected to trend around 50.20 in 2020, according to our econometric models.

Japan Manufacturing PMI
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Japan Business Last Previous Highest Lowest Unit
Business Confidence 19.00 19.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 48.90 50.30 56.20 29.60 [+]
Services Pmi 52.30 51.60 55.30 46.40 Index Points [+]
Industrial Production 0.30 -1.90 30.00 -37.20 percent [+]
Industrial Production Mom -3.40 -0.10 6.80 -16.50 percent [+]
Manufacturing Production 0.30 -1.90 29.30 -37.20 percent [+]
Capacity Utilization 99.40 104.30 136.10 68.60 Index Points [+]
New Orders 1060.92 962.56 1624.17 693.64 JPY Billion [+]
Machinery Orders -5.40 -0.30 25.50 -17.00 percent [+]
Changes in Inventories 1599.80 1520.70 7636.60 -6554.30 JPY Billion [+]
Bankruptcies 589.00 666.00 1965.00 6.00 Companies [+]
Corporate Profits 19476.32 18284.72 26401.12 43.24 JPY Billion [+]
Coincident Index 97.90 100.60 107.00 69.30 [+]
Economy Watchers Survey 47.50 45.60 57.50 18.90 [+]
Car Production 682426.00 763078.00 961994.00 249772.00 Units [+]
Car Registrations 261007.00 217762.00 585449.00 83044.00 [+]
Leading Economic Index 95.90 97.50 107.90 72.40 Index Points [+]
Small Business Sentiment 14.00 14.00 46.00 -60.00 [+]
Internet Speed 20171.96 19574.52 20171.96 6541.92 KBps [+]
IP Addresses 43689566.00 43995715.00 44977757.00 23570249.00 IP [+]
Private Investment 5.70 4.50 12.80 -25.33 percent [+]
Mining Production -4.60 -6.40 16.20 -16.10 percent [+]
Cement Production 4438.00 5425.00 9368.00 4218.00 Thousands of Tonnes [+]
Competitiveness Index 82.47 81.59 82.47 5.36 Points [+]
Competitiveness Rank 5.00 8.00 10.00 5.00 [+]
Composite Pmi 50.70 50.90 54.10 46.30 [+]
Corruption Index 73.00 73.00 80.00 58.00 Points [+]
Corruption Rank 18.00 20.00 25.00 14.00 [+]
Ease of Doing Business 39.00 34.00 39.00 13.00 [+]
Non Manufacturing Pmi 24.00 22.00 57.00 -41.00 [+]
Steel Production 8141.17 8466.84 10775.00 1177.00 Thousand Tonnes [+]


Japan Manufacturing PMI

The Nikkei Japan Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Japan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.90 50.30 56.20 29.60 2008 - 2019 Monthly
SA




Country Last Previous
Australia 54.00 Feb/19
Brazil 53.40 Feb/19
Canada 52.60 Feb/19
China 49.90 Feb/19
Euro Area 49.30 Feb/19
France 51.50 Feb/19
Germany 47.60 Feb/19
India 54.30 Feb/19
Indonesia 50.10 Feb/19
Italy 47.70 Feb/19
Japan 48.90 Feb/19
Mexico 52.60 Feb/19
Netherlands 52.70 Feb/19
Russia 50.10 Feb/19
Saudi Arabia 56.60 Feb/19
Singapore 50.40 Feb/19
South Africa 46.20 Feb/19
South Korea 47.20 Feb/19
Spain 49.90 Feb/19
Switzerland 55.40 Feb/19
Turkey 46.40 Feb/19
United Kingdom 52.00 Feb/19
United States 53.00 Feb/19


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