The Nikkei Japan Manufacturing PMI climbed to 50.2 in May 2019 from 49.2 in the previous month, the final figure showed. The headline PMI returned to expansion territory for the first time since January, as both output and new orders decreased at softer rates, still affected by weaker domestic and foreign demand. In contrast, employment expanded and gained steam. Meantime, purchasing activity, inventories and backlogs of work decreased. However, firms reported stronger efficiency losses across their supply chains, amid shortages of labour and materials. On the price front, inflation was the weakest since August 2017, with main costs attributable to fuel, labour, construction materials and metals. Output charges were raised at a broadly similar pace to March. Looking forward, the outlook towards output improved, with business confidence climbing to a five-month high amid hopes of greater demand.. Manufacturing PMI in Japan is reported by Markit Economics.

Manufacturing PMI in Japan is expected to be 50.00 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 50.00 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 12.00 19.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 50.20 49.20 56.20 29.60 [+]
Services Pmi 51.80 52.00 55.30 46.40 Index Points [+]
Industrial Production -4.60 -1.10 30.00 -37.20 percent [+]
Industrial Production Mom -0.90 0.70 6.80 -16.50 percent [+]
Manufacturing Production -4.50 -1.10 29.30 -37.20 percent [+]
Capacity Utilization 101.00 100.00 136.10 68.60 Index Points [+]
New Orders 983.99 1060.92 1624.17 693.64 JPY Billion [+]
Machinery Orders 1.80 -5.40 25.50 -17.00 percent [+]
Changes in Inventories 1599.80 1520.70 7636.60 -6554.30 JPY Billion [+]
Bankruptcies 662.00 589.00 1965.00 6.00 Companies [+]
Corporate Profits 19476.32 18284.72 26401.12 43.24 JPY Billion [+]
Coincident Index 99.60 100.50 107.00 69.30 [+]
Economy Watchers Survey 45.30 44.80 57.50 18.90 [+]
Car Production 745407.00 677024.00 961994.00 249772.00 Units [+]
Car Registrations 199587.00 357254.00 585449.00 83044.00 [+]
Leading Economic Index 96.30 97.10 108.00 72.50 Index Points [+]
Small Business Sentiment 6.00 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 -3.10 -1.40 16.20 -16.10 percent [+]
Cement Production 5380.00 4796.00 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 50.80 50.40 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 21.00 24.00 57.00 -41.00 [+]
Steel Production 9084.18 7743.38 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.20 49.20 56.20 29.60 2008 - 2019 Monthly
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Country Last Previous
Australia 54.80 Apr/19
Brazil 51.50 Apr/19
Canada 49.70 Apr/19
China 50.20 Apr/19
Euro Area 47.90 Apr/19
France 50.00 Apr/19
Germany 44.40 Apr/19
India 51.80 Apr/19
Indonesia 50.40 Apr/19
Italy 49.10 Apr/19
Japan 50.20 Apr/19
Mexico 50.10 Apr/19
Netherlands 52.00 Apr/19
Russia 51.80 Apr/19
Saudi Arabia 56.80 Apr/19
Singapore 50.30 Apr/19
South Africa 47.20 Apr/19
South Korea 50.20 Apr/19
Spain 51.80 Apr/19
Switzerland 48.50 Apr/19
Turkey 46.80 Apr/19
United Kingdom 53.10 Apr/19
United States 52.60 Apr/19


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