The au Jibun Bank Japan Composite PMI rose to 52.6 in July 2023 from a final 52.2 in the prior month, a flash reading showed. This was the eighth straight month of expansion in private sector activity and the steepest pace in three months, with the service sector again driving the overall expansion as manufacturing fell for the third month in a row. Output, new orders, and employment all expanded at faster rates while a decline in orders from abroad moderated. Meantime, a decline in backlogs of work softened. On the cost side, input prices increased at the fastest pace in four months due to rising oil prices, with output prices increasing less than those in the prior month. Lastly, confidence eased amid worries about longer-term economic conditions. source: Markit Economics

Composite PMI in Japan averaged 50.17 points from 2013 until 2023, reaching an all time high of 54.30 points in May of 2023 and a record low of 25.80 points in April of 2020. This page provides - Japan Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Composite PMI in Japan is expected to be 52.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Composite PMI is projected to trend around 53.20 points in 2024 and 51.90 points in 2025, according to our econometric models.

Ok
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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
Width
Height
 Preview

Japan Composite PMI



Related Last Previous Unit Reference
Services PMI 54.30 53.80 points Aug 2023
Manufacturing PMI 49.70 49.60 points Aug 2023
Composite PMI 52.60 52.20 points Aug 2023

Japan Composite PMI
The au Jibun Bank Japan Composite PMI Output Index, which is a weighted average of the Manufacturing Output Index and the Services Business Activity Index, tracks business trends across private sector activity based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.
Actual Previous Highest Lowest Dates Unit Frequency
52.60 52.20 54.30 25.80 2013 - 2023 points Monthly
SA

News Stream
Japan Composite PMI Rises to 3-Month Top
The au Jibun Bank Japan Composite PMI rose to 52.6 in July 2023 from a final 52.2 in the prior month, a flash reading showed. This was the eighth straight month of expansion in private sector activity and the steepest pace in three months, with the service sector again driving the overall expansion as manufacturing fell for the third month in a row. Output, new orders, and employment all expanded at faster rates while a decline in orders from abroad moderated. Meantime, a decline in backlogs of work softened. On the cost side, input prices increased at the fastest pace in four months due to rising oil prices, with output prices increasing less than those in the prior month. Lastly, confidence eased amid worries about longer-term economic conditions.
2023-08-23
Japan Composite PMI Revised Slightly Higher
The au Jibun Bank Japan Composite PMI was at 52.2 in July 2023, compared with preliminary data and a final 52.1 in the prior month. The uptick was the seventh straight month of expansion in private sector activity, mainly underpinned by a solid expansion in the services sector. However, the inflow of new business slowed sharply from that in June. Meantime, factory activity remained subdued, as both output and new orders declined further, with the rate of reduction in new orders quickening. Overall employment grew the least in six months; while outstanding business fell for the first time in four months, owing to a renewed reduction in services backlogs. On prices, cost burdens increased at a robust pace, one that accelerated for the first time since the start of the year. In a bid to protect profit margins, businesses increased their selling prices at an accelerated rate. Finally, sentiment remained positive.
2023-08-03
Japan Composite PMI Unchanged at 52.1 in July
The au Jibun Bank Japan Composite PMI was 52.1 in July 2023, unchanged from a final 52.1 in the prior month, flash data showed. This was the seventh straight month of growth in private sector activity but remained at the softest pace since February amid lingering global economic uncertainty, with the services sector growing for the 11th straight month while manufacturing activity contracted for the sixth time so far this year. Both new orders and employment expanded at softer rates while foreign sales continued to fall. At the same time, backlogs of work declined after growing previously. On the cost side, input price inflation accelerated for the first time in six months, and output prices rose at a steeper pace. Finally, sentiment remained positive but weakened.
2023-07-24