The Jibun Bank Japan Services PMI was revised lower to 51.8 in July 2019 from a preliminary figure of 52.3 and compared to a final 51.9 in the previous month. New order growth slowed to a one-year low, and employment grew the least since last October. At the same time, new business from abroad stabilized following June's relatively marked drop, while output advanced in successive months since October 2016. Regarding prices, input cost inflation softened for a fourth straight month to the weakest since May 2018, while selling prices rose at a softer rate. Finally, business confidence eased to a near two-year low. 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 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
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Japan Business Last Previous Highest Lowest Unit
Business Confidence 7.00 12.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 49.40 49.30 56.20 29.60 [+]
Services Pmi 51.80 51.90 55.30 46.40 Index Points [+]
Industrial Production -3.80 -2.10 30.00 -37.20 percent [+]
Industrial Production Mom -3.30 2.00 6.80 -16.50 percent [+]
Manufacturing Production -3.80 -2.10 29.30 -37.20 percent [+]
Capacity Utilization 101.20 103.90 136.10 68.60 Index Points [+]
New Orders 1122.80 1020.55 1624.17 693.64 JPY Billion [+]
Machinery Orders 13.90 -7.80 25.50 -17.00 percent [+]
Changes in Inventories 2191.10 1837.80 7637.40 -6554.90 JPY Billion [+]
Bankruptcies 802.00 734.00 1965.00 6.00 Companies [+]
Corporate Profits 22244.02 19476.32 26401.12 43.24 JPY Billion [+]
Coincident Index 100.40 103.40 107.00 69.30 [+]
Economy Watchers Survey 41.20 44.00 57.50 18.90 [+]
Car Production 676431.00 699356.00 961994.00 249772.00 Units [+]
Car Registrations 258150.00 248056.00 585449.00 83044.00 [+]
Leading Economic Index 93.30 94.90 108.00 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 101268.00 98928.00 182860.00 19037.00 JPY Million [+]
Mining Production -7.60 -2.00 16.20 -16.10 percent [+]
Cement Production 4694.00 4775.00 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 50.60 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 [+]
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 106.90 107.00 107.20 73.20 Index Points [+]
Steel Production 8789.26 8675.70 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.80 51.90 55.30 46.40 2013 - 2019 Index Points Monthly




Country Last Previous
Australia 43.90 Jul/19
Brazil 52.20 Jul/19
China 51.60 Jul/19
Euro Area 53.20 Jul/19
France 52.60 Jul/19
Germany 54.50 Jul/19
India 53.80 Jul/19
Italy 51.70 Jul/19
Japan 51.80 Jul/19
Russia 50.40 Jul/19
Spain 52.90 Jul/19
United Kingdom 51.40 Jul/19
United States 53.00 Jul/19


Related

Latest