Japan Manufacturing PMI

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.

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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	[+]

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	SA

Country	Last		Previous	Range
Australia	54.80	Apr/19	51	62.5 : 29.47
Brazil	51.50	Apr/19	52.8	53.5 : 41.6
Canada	49.70	Apr/19	50.5	57.1 : 47.5
China	50.20	Apr/19	50.8	52.3 : 47.2
Euro Area	47.90	Apr/19	47.5	60.6 : 33.5
France	50.00	Apr/19	49.7	58.8 : 42.7
Germany	44.40	Apr/19	44.1	63.3 : 32
India	51.80	Apr/19	52.6	55 : 47.9
Indonesia	50.40	Apr/19	51.2	58.5 : 46.4
Italy	49.10	Apr/19	47.4	59 : 47.4
Japan	50.20	Apr/19	49.2	56.2 : 29.6
Mexico	50.10	Apr/19	49.8	57.1 : 49.2
Netherlands	52.00	Apr/19	52.5	63.4 : 48
Russia	51.80	Apr/19	52.8	54.7 : 47.6
Saudi Arabia	56.80	Apr/19	56.8	61.8 : 51.4
Singapore	50.30	Apr/19	50.8	53.1 : 48.3
South Africa	47.20	Apr/19	45	60.87 : 35.09
South Korea	50.20	Apr/19	48.8	52.6 : 45.7
Spain	51.80	Apr/19	50.9	56.1 : 41.1
Switzerland	48.50	Apr/19	50.3	66.9 : 32.8
Turkey	46.80	Apr/19	47.2	55.7 : 42.7
United Kingdom	53.10	Apr/19	55.1	61.5 : 34.4
United States	52.60	Apr/19	52.4	57.9 : 50.7