The au Jibun Bank Japan Manufacturing PMI was revised higher to 53.0 in July 2021, up from a preliminary estimate of 52.2 and a final 52.4 in June, as both output and new order growth rose faster, amid expanding employment levels for the fourth month running. Backlogs of work also continued to increase, providing further evidence of pressure on existing capacity during July. Meanwhile, businesses continued to report significant supply chain disruption had dampened demand somewhat. At the same time, input cost inflation accelerated to the fastest pace since September 2008, due to a faster rise in raw material prices. As a result, the output cost inflation rose to the quickest since November 2018. Looking ahead, positive sentiment remained positive, due to hopes an accelerating vaccine rollout would trigger a broad-based recovery in manufacturing, as well as ease pressure on supply chains. source: Markit Economics
Manufacturing PMI in Japan averaged 50 points from 2008 until 2021, reaching an all time high of 56.20 points in January of 2014 and a record low of 29.60 points in February of 2009. This page provides the latest reported value for - Japan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
Manufacturing PMI in Japan is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Manufacturing PMI is projected to trend around 50.50 points in 2022, according to our econometric models.