The Nikkei Japan Services PMI edged down to 51.7 in May 2019 from the previous month's 51.8, as the rate of job creation weakened from April's high. Meanwhile, new orders rose at a solid and quicker pace and export orders rebounded. On the price front, wages nudged input costs, with higher maintenance and gas expenses also reported. Looking ahead, confidence slipped and was on par with March’s 18-month low, as some firms were concerned about the planned consumption tax hike later this year. Services Pmi in Japan is reported by Markit Economics.

Services Pmi in Japan is expected to be 52.30 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 54.00 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 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 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.70 51.80 55.30 46.40 2013 - 2019 Index Points Monthly




Country Last Previous
Australia 52.50 May/19
Brazil 47.80 May/19
China 52.70 May/19
Euro Area 53.40 Jun/19
France 53.10 Jun/19
Germany 55.60 Jun/19
India 50.20 May/19
Italy 50.00 May/19
Japan 51.70 May/19
Russia 52.00 May/19
Spain 52.80 May/19
United Kingdom 51.00 May/19
United States 50.70 Jun/19


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