Mount Fuji, Japan

Japan PMI February 2024

Japan: Business conditions nearly stagnate in February

The au Jibun Bank Composite Purchasing Managers’ Index (PMI) fell to 50.3 in February from January’s 51.5. As a result, the index moved closer to the 50.0 no-change threshold, signaling a weaker improvement in private-sector business conditions from the prior month.

The Manufacturing PMI stood at 47.2 in February, down from January’s 48.0. Lastly, the Services PMI decreased to 52.5 in February (January: 53.1).

In the manufacturing sector, output and new orders fell more sharply, and employment shrank more quickly. In the services sector, output grew more rapidly and new orders less rapidly, while employment expanded at a faster speed.

Input and output prices rose less quickly in the manufacturing and services sectors. Finally, business sentiment deteriorated in the manufacturing sector and strengthened in the services sector.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest