The Bank of Japan's Tankan index for big non-manufacturers' sentiment plunged to -17 in the second quarter of 2020, the lowest since the last quarter of 2009 and compared with market consensus of -18, as the coronavirus pandemic hit activity and global demand.
Non Manufacturing Pmi in Japan averaged 5.51 points from 1983 until 2020, reaching an all time high of 57 points in the third quarter of 1990 and a record low of -41 points in the fourth quarter of 1998. This page provides - Japan Non Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Tankan Index For Large Non Manufacturing Companies - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Bank of Japan
Non Manufacturing Pmi in Japan is expected to be -14.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Manufacturing Pmi in Japan to stand at 12.00 in 12 months time. In the long-term, the Japan Tankan Index For Large Non Manufacturing Companies is projected to trend around 15.00 points in 2021 and 19.00 points in 2022, according to our econometric models.