Japan Manufacturing PMI

The Jibun Bank Japan Manufacturing PMI was revised lower to 49.3 in June 2019 from a preliminary estimate of 49.5, pointing to the second month of contraction in factory activity, amid US-China trade frictions and subdued global automotive sector trends. Output dropped the most since March and export sales decreased for the seventh successive month and at one of the fastest rates since mid-2016, amid lower sales to clients in China. Also, employment growth eased to its weakest for just over two-and-a-half years, while unfinished work fell the most since January 2013. On the price front, input cost inflation hit its lowest in two-and-a-half years, while factory gate prices fell for the first time since December 2016. Manufacturing PMI in Japan is reported by Markit Economics.

Manufacturing PMI in Japan is expected to be 50.70 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 50.90 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.

Historical
Forecast

1Y 5Y 10Y MAX

width

height

Preview

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Japan Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	7.00	12.00	53.00	-58.00	Index Points	[+]
Manufacturing PMI	49.30	49.80	56.20	29.60		[+]
Services Pmi	51.90	51.70	55.30	46.40	Index Points	[+]
Industrial Production	-2.10	-1.10	30.00	-37.20	percent	[+]
Industrial Production Mom	2.00	0.60	6.80	-16.50	percent	[+]
Manufacturing Production	-2.10	-1.10	29.30	-37.20	percent	[+]
Capacity Utilization	103.90	102.20	136.10	68.60	Index Points	[+]
New Orders	1020.55	1071.56	1624.17	693.64	JPY Billion	[+]
Machinery Orders	-7.80	5.20	25.50	-17.00	percent	[+]
Changes in Inventories	2191.10	1837.80	7637.40	-6554.90	JPY Billion	[+]
Bankruptcies	734.00	695.00	1965.00	6.00	Companies	[+]
Corporate Profits	22244.02	19476.32	26401.12	43.24	JPY Billion	[+]
Coincident Index	103.20	102.10	107.00	69.30		[+]
Economy Watchers Survey	44.00	44.10	57.50	18.90		[+]
Car Production	699356.00	780165.00	961994.00	249772.00	Units	[+]
Car Registrations	248056.00	212636.00	585449.00	83044.00		[+]
Leading Economic Index	95.20	95.90	108.00	72.50	Index Points	[+]
Small Business Sentiment	-1.00	6.00	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	[+]
Machine Tool Orders	98829.00	108535.00	182860.00	19037.00	JPY Million	[+]
Mining Production	-2.00	-3.20	16.20	-16.10	percent	[+]
Cement Production	4775.00	4349.00	9368.00	4218.00	Thousands of Tonnes	[+]
All Industry Activity Index	106.70	106.40	108.70	94.20	Index Points	[+]
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	50.70	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		[+]
Private Investment	6.10	5.70	12.80	-25.33	percent	[+]
Non Manufacturing Pmi	23.00	21.00	57.00	-41.00		[+]
Reuters Tankan Index	3.00	6.00	39.00	-78.00	Index Points	[+]
Tertiary Industry Index	106.80	107.00	107.20	73.20	Index Points	[+]
Steel Production	8675.70	8646.61	10775.00	1177.00	Thousand Tonnes	[+]

The Jibun Bank Japan Manufacturing PMI® is compiled by IHS Markit from responses to monthly questionnaires sent to purchasing managers in a panel of around 400 manufacturers. The panel is stratified by detailed sector and company workforce size, based on contributions to GDP. Survey responses indicate the direction of change compared to the previous month. A diffusion index is calculated for each survey variable. The index is the sum of the percentage of ‘higher’ responses and half the percentage of ‘unchanged’ responses. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The PMI is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. 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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	49.30	49.80	56.20	29.60	2008 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	49.43	Jun/19	52.72	62.5 : 29.47
Brazil	51.00	Jun/19	50.2	53.5 : 41.6
Canada	49.20	Jun/19	49.1	57.1 : 47.5
China	49.40	Jun/19	50.2	52.3 : 47.2
Euro Area	47.60	Jun/19	47.7	60.6 : 33.5
France	51.90	Jun/19	50.6	58.8 : 42.7
Germany	45.00	Jun/19	44.3	63.3 : 32
India	52.10	Jun/19	52.7	55 : 47.9
Indonesia	50.60	Jun/19	51.6	58.5 : 46.4
Italy	48.40	Jun/19	49.7	59 : 47.4
Japan	49.30	Jun/19	49.8	56.2 : 29.6
Mexico	49.20	Jun/19	50	57.1 : 49.2
Netherlands	50.70	Jun/19	52.2	63.4 : 48
Russia	48.60	Jun/19	49.8	54.7 : 47.6
Saudi Arabia	57.40	Jun/19	57.3	61.8 : 51.4
Singapore	49.60	Jun/19	49.9	53.1 : 48.3
South Africa	46.20	Jun/19	45.4	60.87 : 35.09
South Korea	47.50	Jun/19	48.4	52.6 : 45.7
Spain	47.90	Jun/19	50.1	56.1 : 41.1
Switzerland	47.70	Jun/19	48.6	66.9 : 32.8
Turkey	47.90	Jun/19	45.3	55.7 : 42.7
United Kingdom	48.00	Jun/19	49.4	61.5 : 34.4
United States	50.60	Jun/19	50.5	57.9 : 50.5