The Nikkei Japan Services PMI dropped to a three-month low of 51.0 in December of 2018 from 52.3 in the previous month. Softer inflows of new work restricted the increase in output, as demand improved to the slowest pace since July. Nonetheless, the first rise in outstanding business for four months signalled a return of capacity constraints. To alleviate operational pressures, job creation accelerated to a three-month high. Looking ahead, confidence was elevated and held close to November’s recent high. Services Pmi in Japan is reported by Markit Economics.

Services Pmi in Japan is expected to be 52.00 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 51.40 in 12 months time. In the long-term, the Japan Services PMI is projected to trend around 50.80 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 19.00 19.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 52.60 52.20 56.20 29.60 [+]
Services Pmi 51.00 52.30 55.30 46.40 Index Points [+]
Industrial Production 1.50 4.20 30.00 -37.20 percent [+]
Industrial Production Mom -1.00 2.90 6.80 -16.50 percent [+]
Manufacturing Production 1.50 4.20 29.30 -37.20 percent [+]
Capacity Utilization 106.30 105.20 136.10 68.60 Index Points [+]
New Orders 1025.44 1086.17 1624.17 693.64 JPY Billion [+]
Machinery Orders 0.00 7.60 25.50 -18.30 percent [+]
Changes in Inventories 1157.40 971.50 7611.00 -6584.40 JPY Billion [+]
Bankruptcies 622.00 718.00 1965.00 6.00 Companies [+]
Corporate Profits 18284.72 26401.12 26401.12 43.24 JPY Billion [+]
Coincident Index 103.00 104.90 107.20 69.40 [+]
Economy Watchers Survey 48.00 51.00 57.50 18.90 [+]
Car Production 758010.00 692919.00 961994.00 249772.00 Units [+]
Car Registrations 215152.00 240819.00 585449.00 83044.00 [+]
Leading Economic Index 99.30 99.60 108.00 72.40 Index Points [+]
Small Business Sentiment 14.00 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 4.50 12.80 12.80 -25.33 percent [+]
Mining Production -5.80 -8.50 16.20 -16.10 percent [+]
Cement Production 5313.00 5322.00 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 52.00 52.40 54.10 46.30 [+]
Corruption Index 73.00 72.00 80.00 58.00 Points [+]
Corruption Rank 20.00 20.00 25.00 14.00 [+]
Ease of Doing Business 39.00 34.00 39.00 13.00 [+]
Non Manufacturing Pmi 24.00 22.00 57.00 -41.00 [+]
Steel Production 8657.90 8563.52 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.00 52.30 55.30 46.40 2013 - 2018 Index Points Monthly




Country Last Previous
Australia 52.10 Dec/18
Brazil 51.90 Dec/18
China 53.90 Dec/18
Euro Area 51.20 Dec/18
France 49.00 Dec/18
Germany 51.80 Dec/18
India 53.20 Dec/18
Italy 50.50 Dec/18
Japan 51.00 Dec/18
Russia 54.40 Dec/18
Spain 54.00 Dec/18
United Kingdom 51.20 Dec/18
United States 54.40 Dec/18


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