Japan Manufacturing PMI

The Nikkei Japan Manufacturing PMI rose to 52.6 in December of 2018 from a 15-month low of 52.2 in the previous month and above the preliminary estimate of 52.4. Output expanded at its sharpest pace since April and new orders also increased at a faster rate on new product launches and larger input needs at clients. Still, export sales declined amid unfavourable workload growth in key export markets such as North America, China and Taiwan. The rate of job creation was the weakest in three months and only modest. On the price front, there was a broad cooling of inflationary pressures. Business confidence slid for a seventh successive month to the lowest since November 2016 as optimism arising from the 2020 Olympic Games was in part hampered by concerns about the upcoming sales tax hike. 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.

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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	52.60	52.20	56.20	29.60		[+]
Services Pmi	51.00	52.30	55.30	46.40	Index Points	[+]
Industrial Production	1.50	4.20	30.00	-37.20	percent	[+]
Industrial Production Mom	-1.00	2.90	6.80	-16.50	percent	[+]
Manufacturing Production	1.50	4.20	29.30	-37.20	percent	[+]
Capacity Utilization	106.30	105.20	136.10	68.60	Index Points	[+]
New Orders	1025.44	1086.17	1624.17	693.64	JPY Billion	[+]
Machinery Orders	0.00	7.60	25.50	-18.30	percent	[+]
Changes in Inventories	1157.40	971.50	7611.00	-6584.40	JPY Billion	[+]
Bankruptcies	622.00	718.00	1965.00	6.00	Companies	[+]
Corporate Profits	18284.72	26401.12	26401.12	43.24	JPY Billion	[+]
Coincident Index	103.00	104.90	107.20	69.40		[+]
Economy Watchers Survey	48.00	51.00	57.50	18.90		[+]
Car Production	758010.00	692919.00	961994.00	249772.00	Units	[+]
Car Registrations	215152.00	240819.00	585449.00	83044.00		[+]
Leading Economic Index	99.30	99.60	108.00	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	4.50	12.80	12.80	-25.33	percent	[+]
Mining Production	-5.80	-8.50	16.20	-16.10	percent	[+]
Cement Production	5313.00	5322.00	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	52.00	52.40	54.10	46.30		[+]
Corruption Index	73.00	72.00	80.00	58.00	Points	[+]
Corruption Rank	20.00	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	8657.90	8563.52	10775.00	1177.00	Thousand Tonnes	[+]

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 January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	52.60	52.20	56.20	29.60	2008 - 2018		Monthly	SA

Country	Last		Previous	Range
Australia	49.50	Dec/18	51.3	63.1 : 30.86
Brazil	52.60	Dec/18	52.7	53.5 : 41.6
Canada	53.60	Dec/18	54.9	57.1 : 47.5
China	49.70	Dec/18	50.2	52.3 : 47.2
Euro Area	51.40	Dec/18	51.8	60.6 : 33.5
France	49.70	Dec/18	50.8	58.8 : 42.7
Germany	51.50	Dec/18	51.8	63.3 : 32
India	53.20	Dec/18	54	55 : 47.9
Indonesia	51.20	Dec/18	50.4	58.5 : 46.4
Italy	49.20	Dec/18	48.6	59 : 48
Japan	52.60	Dec/18	52.2	56.2 : 29.6
Mexico	49.70	Dec/18	49.7	57.1 : 49.2
Netherlands	57.20	Dec/18	56.1	63.4 : 48
Russia	51.70	Dec/18	52.6	54.7 : 47.6
Saudi Arabia	54.50	Dec/18	55.2	61.8 : 51.4
Singapore	51.10	Dec/18	51.5	53.1 : 48.3
South Africa	50.70	Dec/18	49.5	60.87 : 35.09
South Korea	49.80	Dec/18	48.6	52.6 : 45.7
Spain	51.10	Dec/18	52.6	56.1 : 41.1
Switzerland	57.80	Dec/18	57.7	66.9 : 32.9
Turkey	44.20	Dec/18	44.7	55.7 : 42.7
United Kingdom	54.20	Dec/18	53.6	61.5 : 34.4
United States	53.80	Dec/18	55.3	57.9 : 50.7