The Jibun Bank Japan Services PMI edged up to 51.9 in June 2019 from the previous month's 51.7. Growth was nudged by improved demand conditions within the domestic economy, outweighing sluggish sales to overseas clients. Meantime, employment increased at a weaker pace, while intensified pressures on capacities was signalled by a sharper rise in backlogs of work. Looking ahead, firms were optimistic that the expansion could be sustained over the coming year, with confidence edging up slightly. Services Pmi in Japan is reported by Markit Economics.

Services Pmi in Japan is expected to be 53.00 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 54.50 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 7.00 12.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 49.30 49.80 56.20 29.60 [+]
Services Pmi 51.90 51.70 55.30 46.40 Index Points [+]
Industrial Production -2.10 -1.10 30.00 -37.20 percent [+]
Industrial Production Mom 2.00 0.60 6.80 -16.50 percent [+]
Manufacturing Production -2.10 -1.10 29.30 -37.20 percent [+]
Capacity Utilization 103.90 102.20 136.10 68.60 Index Points [+]
New Orders 1020.55 1071.56 1624.17 693.64 JPY Billion [+]
Machinery Orders -7.80 5.20 25.50 -17.00 percent [+]
Changes in Inventories 2191.10 1837.80 7637.40 -6554.90 JPY Billion [+]
Bankruptcies 734.00 695.00 1965.00 6.00 Companies [+]
Corporate Profits 22244.02 19476.32 26401.12 43.24 JPY Billion [+]
Coincident Index 103.20 102.10 107.00 69.30 [+]
Economy Watchers Survey 44.00 44.10 57.50 18.90 [+]
Car Production 699356.00 780165.00 961994.00 249772.00 Units [+]
Car Registrations 248056.00 212636.00 585449.00 83044.00 [+]
Leading Economic Index 95.20 95.90 108.00 72.50 Index Points [+]
Small Business Sentiment -1.00 6.00 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 [+]
Machine Tool Orders 98829.00 108535.00 182860.00 19037.00 JPY Million [+]
Mining Production -2.00 -3.20 16.20 -16.10 percent [+]
Cement Production 4775.00 4349.00 9368.00 4218.00 Thousands of Tonnes [+]
All Industry Activity Index 106.70 106.40 108.70 94.20 Index Points [+]
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 50.70 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 [+]
Private Investment 6.10 5.70 12.80 -25.33 percent [+]
Non Manufacturing Pmi 23.00 21.00 57.00 -41.00 [+]
Reuters Tankan Index 3.00 6.00 39.00 -78.00 Index Points [+]
Tertiary Industry Index 106.80 107.00 107.20 73.20 Index Points [+]
Steel Production 8675.70 8646.61 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.90 51.70 55.30 46.40 2013 - 2019 Index Points Monthly




Country Last Previous
Australia 52.20 Jun/19
Brazil 48.20 Jun/19
China 52.00 Jun/19
Euro Area 53.60 Jun/19
France 52.90 Jun/19
Germany 55.80 Jun/19
India 49.60 Jun/19
Italy 50.50 Jun/19
Japan 51.90 Jun/19
Russia 49.70 Jun/19
Spain 53.60 Jun/19
United Kingdom 50.20 Jun/19
United States 51.50 Jun/19


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