The Nikkei Japan Services PMI increased to 52.3 in February 2019 from 51.6 in the previous month. New orders expanded solidly and at the quickest pace since May 2013, nudged by new product launches, successful tendering and stronger sales performances from abroad. On the price front, output price inflation quickened, input prices climbed at a softer pace in the goods-producing sector, leading output charges to also rise at a slower rate. Looking ahead, sentiment remained positive and close to that seen on average across the past 12 months, as service providers reported a strong degree of confidence, supported by upbeat sales expectations and planned new store openings. 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 50.50 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 48.90 48.90 56.20 29.60 [+]
Services Pmi 52.30 51.60 55.30 46.40 Index Points [+]
Industrial Production 0.30 -1.90 30.00 -37.20 percent [+]
Industrial Production Mom -3.40 -0.10 6.80 -16.50 percent [+]
Manufacturing Production 0.30 -1.90 29.30 -37.20 percent [+]
Capacity Utilization 99.40 104.30 136.10 68.60 Index Points [+]
New Orders 1060.92 962.56 1624.17 693.64 JPY Billion [+]
Machinery Orders -5.40 -0.30 25.50 -17.00 percent [+]
Changes in Inventories 1599.80 1520.70 7636.60 -6554.30 JPY Billion [+]
Bankruptcies 589.00 666.00 1965.00 6.00 Companies [+]
Corporate Profits 19476.32 18284.72 26401.12 43.24 JPY Billion [+]
Coincident Index 97.90 100.60 107.00 69.30 [+]
Economy Watchers Survey 47.50 45.60 57.50 18.90 [+]
Car Production 682426.00 763078.00 961994.00 249772.00 Units [+]
Car Registrations 261007.00 217762.00 585449.00 83044.00 [+]
Leading Economic Index 95.90 97.50 107.90 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 5.70 4.50 12.80 -25.33 percent [+]
Mining Production -4.60 -6.40 16.20 -16.10 percent [+]
Cement Production 4438.00 5425.00 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 50.70 50.90 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 24.00 22.00 57.00 -41.00 [+]
Steel Production 8141.17 8466.84 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.30 51.60 55.30 46.40 2013 - 2019 Index Points Monthly




Country Last Previous
Australia 44.50 Feb/19
Brazil 52.20 Feb/19
China 51.10 Feb/19
Euro Area 52.70 Mar/19
France 48.70 Mar/19
Germany 54.90 Mar/19
India 52.50 Feb/19
Italy 50.40 Feb/19
Japan 52.30 Feb/19
Russia 55.30 Feb/19
Spain 54.50 Feb/19
United Kingdom 51.30 Feb/19
United States 54.80 Mar/19


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