The Nikkei Japan Manufacturing PMI declined to 49.5 in June 2019 from 49.8 in the prior month, as new orders fell to the lowest level in three years, dragged by a sharper fall in exports. Weakening demand at home and abroad, in particular lower automotive demand and subdued client confidence in the wake of US-China trade frictions were the main reasons often cited. Meanwhile, output fell at a slower rate and employment growth accelerated. At the same time, disappointing sales volumes also led to the largest accumulation of finished goods inventories for over six and-a-half years and backlogs of work fell to the greatest extent since January 2013. In terms of prices, input inflation slowed and output charges fell. Looking ahead, sentiment turned positive. Manufacturing PMI in Japan is reported by Markit Economics.

Manufacturing PMI in Japan is expected to be 50.00 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 50.00 in 12 months time. In the long-term, the Japan Manufacturing PMI is projected to trend around 50.20 in 2020, according to our econometric models.

Japan Manufacturing PMI
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Japan Business Last Previous Highest Lowest Unit
Business Confidence 12.00 19.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 49.50 49.80 56.20 29.60 [+]
Services Pmi 51.70 51.80 55.30 46.40 Index Points [+]
Industrial Production -1.10 -4.30 30.00 -37.20 percent [+]
Industrial Production Mom 0.60 -0.60 6.80 -16.50 percent [+]
Manufacturing Production -1.10 -4.30 29.30 -37.20 percent [+]
Capacity Utilization 102.20 100.60 136.10 68.60 Index Points [+]
New Orders 1071.56 938.29 1624.17 693.64 JPY Billion [+]
Machinery Orders 5.20 3.80 25.50 -17.00 percent [+]
Changes in Inventories 2191.10 1837.80 7637.40 -6554.90 JPY Billion [+]
Bankruptcies 695.00 645.00 1965.00 6.00 Companies [+]
Corporate Profits 22244.02 19476.32 26401.12 43.24 JPY Billion [+]
Coincident Index 102.10 101.10 107.00 69.30 [+]
Economy Watchers Survey 44.10 45.30 57.50 18.90 [+]
Car Production 780165.00 745407.00 961994.00 249772.00 Units [+]
Car Registrations 212636.00 199587.00 585449.00 83044.00 [+]
Leading Economic Index 95.90 95.70 108.00 72.50 Index Points [+]
Small Business Sentiment 6.00 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 6.10 5.70 12.80 -25.33 percent [+]
Mining Production -3.20 -4.80 16.20 -16.10 percent [+]
Cement Production 4775.00 4349.00 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 50.80 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 21.00 24.00 57.00 -41.00 [+]
Steel Production 8646.61 9084.18 10775.00 1177.00 Thousand Tonnes [+]


Japan Manufacturing PMI

The Nikkei Japan Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. 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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.50 49.80 56.20 29.60 2008 - 2019 Monthly
SA




Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.80 Jun/19
France 52.00 Jun/19
Germany 45.40 Jun/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.50 Jun/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.10 Jun/19


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