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.

Japan Manufacturing PMI
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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 [+]


Japan Manufacturing PMI

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
Australia 49.43 Jun/19
Brazil 51.00 Jun/19
Canada 49.20 Jun/19
China 49.40 Jun/19
Euro Area 47.60 Jun/19
France 51.90 Jun/19
Germany 45.00 Jun/19
India 52.10 Jun/19
Indonesia 50.60 Jun/19
Italy 48.40 Jun/19
Japan 49.30 Jun/19
Mexico 49.20 Jun/19
Netherlands 50.70 Jun/19
Russia 48.60 Jun/19
Saudi Arabia 57.40 Jun/19
Singapore 49.60 Jun/19
South Africa 46.20 Jun/19
South Korea 47.50 Jun/19
Spain 47.90 Jun/19
Switzerland 47.70 Jun/19
Turkey 47.90 Jun/19
United Kingdom 48.00 Jun/19
United States 50.60 Jun/19


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