Japan PMI August 2016

Japan

Japan: Manufacturing PMI hits six-month high in August

August 23, 2016

The Nikkei Flash Manufacturing Purchasing Managers’ Index (PMI) rose from July’s revised 49.3 (previously reported: 49.0) to 49.6 in August. August’s print marked the highest reading in six months. Despite the increase, the index remains slightly below the 50-threshold that separates expansion from contraction in the manufacturing sector.

August’s increase was the result of an expansion in output for the first time in six months and a weaker decline in new orders. However, the employment category recorded a decline for the first time in nearly one year. Nikkei analysts added that, “furthermore, relatively weak client demand alongside a strong yen prompted firms to cut their selling prices at the sharpest rate since October 2012 as part of efforts to attract new business.”


Author: Ricard Torné, Lead Economist

Sample Report

Looking for forecasts related to PMI in Japan? Download a sample report now.

Download

Japan PMI Chart


Japan PMI August 2016

Note: Nikkei Manufacturing Purchasing Managers’ Index. Readings above 50 indicate an expansion in the manufacturing sector while readings below 50 indicate a contraction.
Source: IHS Markit and Nikkei.


Japan Economic News

  • Japan: Core inflation inches up in June

    July 20, 2018

    The core consumer price index rose 0.1% in month-on-month seasonally-adjusted terms in June, up from May’s flat reading. Core inflation was up a notch to 0.8% in June from 0.7% in May, which was in line with market expectations.

    Read more

  • Japan: Machinery orders decline in May

    July 11, 2018

    Although core machinery orders—a leading indicator of capital spending over a three- to six-month period—contracted in May, the fall was weaker-than-expected, suggesting that capital expenditure will gain steam further down the road.

    Read more

  • Japan: Business confidence weakens in Q2

    July 2, 2018

    According to the Bank of Japan’s quarterly Tankan business survey, sentiment among large manufacturers fell in the second quarter of 2018, suggesting economic momentum has yet to gain traction following a weak first quarter.

    Read more

  • Japan: Consumer confidence declines marginally in June

    June 29, 2018

    Consumer sentiment inched down to 43.7 in June from 43.8 in May, coming in just below market expectations of a stable print.

    Read more

  • Japan: Industrial production falls in May

    June 29, 2018

    Industrial production contracted 0.2% on a month-on-month and seasonally-adjusted basis in May, contrasting April’s revised 0.5% increase (previously reported: +0.3% month-on-month).

    Read more

More news

Search form