The Nikkei Japan Services PMI edged down to 51.8 in April 2019 from the previous month's 52.0. New orders slowed and were mainly driven by domestic markets, as latest survey data indicated a renewed dip in export orders. Meanwhile, operating capacities were put under pressure, supporting employment growth which was strong and quickened to a survey high. On the price front, input prices rose significantly, linked to higher staffing expenses and fuel costs. However, output price inflation eased to a five-month low. Lastly, business confidence improved amid positive forecasts towards the domestic economy, planned company investment and expectations of stronger demand. Services Pmi in Japan is reported by Markit Economics.

Services Pmi in Japan is expected to be 52.30 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services Pmi in Japan to stand at 54.00 in 12 months time. In the long-term, the Japan Services PMI is projected to trend around 52.90 Index Points in 2020, according to our econometric models.

Japan Services PMI
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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 49.60 50.20 56.20 29.60 [+]
Services Pmi 51.80 52.00 55.30 46.40 Index Points [+]
Industrial Production -4.30 -1.10 30.00 -37.20 percent [+]
Industrial Production Mom -0.60 0.70 6.80 -16.50 percent [+]
Manufacturing Production -4.30 -1.10 29.30 -37.20 percent [+]
Capacity Utilization 100.60 101.00 136.10 68.60 Index Points [+]
New Orders 938.29 983.99 1624.17 693.64 JPY Billion [+]
Machinery Orders 3.80 1.80 25.50 -17.00 percent [+]
Changes in Inventories 1599.80 1520.70 7636.60 -6554.30 JPY Billion [+]
Bankruptcies 645.00 662.00 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 -4.80 -1.40 16.20 -16.10 percent [+]
Cement Production 4349.00 5380.00 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 [+]


Japan Services PMI

The Japan Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of over 400 private service sector companies based in Japan. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - Japan Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Services PMI - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.80 52.00 55.30 46.40 2013 - 2019 Index Points Monthly




Country Last Previous
Australia 46.50 Apr/19
Brazil 49.90 Apr/19
China 54.50 Apr/19
Euro Area 52.50 May/19
France 51.70 May/19
Germany 55.00 May/19
India 51.00 Apr/19
Italy 50.40 Apr/19
Japan 51.80 Apr/19
Russia 52.60 Apr/19
Spain 53.10 Apr/19
United Kingdom 50.40 Apr/19
United States 50.90 May/19


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