The au Jibun Bank Japan Manufacturing PMI was revised higher to 49 in November 2020 from a flash reading of 48.3 and compared to a final 48.7 in the previous month. The latest reading signaled a deterioration in the health of the manufacturing sector for the 19th consecutive month, but the weakest contraction since August 2019, with output and new orders falling at softer rates. In addition, employment declined further, albeit at a slightly softer pace compared to October. As for prices, input cost inflation slowed and was modest overall, while output charges fell. Looking ahead, business expectations about the year-ahead outlook remained positive. source: Markit Economics
Manufacturing PMI in Japan averaged 49.89 points from 2008 until 2020, 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 December of 2020.
Manufacturing PMI in Japan is expected to be 49.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Japan to stand at 51.00 in 12 months time. In the long-term, the Japan Manufacturing PMI is projected to trend around 51.00 points in 2021 and 50.50 points in 2022, according to our econometric models.