The Bank of Japan's index for big non-manufacturers' sentiment improved to -1 in the first quarter of 2021, from -5 in the previous three-month period and beating market consensus of -5. It was the highest reading since the first quarter of 2020, adding to signs of a gradual economic recovery from last year's slump triggered by the COVID-19 pandemic. source: Bank of Japan
Non Manufacturing Pmi in Japan averaged 5.28 points from 1983 until 2021, reaching an all time high of 57 points in the third quarter of 1990 and a record low of -41 points in the fourth quarter of 1998. This page provides - Japan Non Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Tankan Index For Large Non Manufacturing Companies - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Non Manufacturing Pmi in Japan is expected to be -6.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Manufacturing Pmi in Japan to stand at 11.00 in 12 months time. In the long-term, the Japan Tankan Index For Large Non Manufacturing Companies is projected to trend around 19.00 points in 2022, according to our econometric models.