The Bank of Japan's Tankan index for big non manufacturers' sentiment fell to a seven-year low of +8 in the first quarter of 2020 from +20 in the prior period, but still came above market expectations of +6.
Non Manufacturing Pmi in Japan averaged 5.66 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 June of 2020. source: Bank of Japan
Non Manufacturing Pmi in Japan is expected to be -40.00 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 -18.00 in 12 months time. In the long-term, the Japan Tankan Index For Large Non Manufacturing Companies is projected to trend around -7.00 points in 2021 and -2.00 points in 2022, according to our econometric models.