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.

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 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 [+]


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 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
Australia 49.50 Dec/18
Brazil 52.60 Dec/18
Canada 53.60 Dec/18
China 49.70 Dec/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 53.20 Dec/18
Indonesia 51.20 Dec/18
Italy 49.20 Dec/18
Japan 52.60 Dec/18
Mexico 49.70 Dec/18
Netherlands 57.20 Dec/18
Russia 51.70 Dec/18
Saudi Arabia 54.50 Dec/18
Singapore 51.10 Dec/18
South Africa 50.70 Dec/18
South Korea 49.80 Dec/18
Spain 51.10 Dec/18
Switzerland 57.80 Dec/18
Turkey 44.20 Dec/18
United Kingdom 54.20 Dec/18
United States 53.80 Dec/18


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