Japan PMI

Japan

Japan: Manufacturing PMI inches up in January

January 23, 2015

The Markit/JMMA Flash Manufacturing Purchasing Managers’ Index (PMI) inched up from the revised 52.0 in December (previously reported: 52.1) to 52.1 in January. As a result, the PMI remains above the 50-threshold that separates an expansion from a contraction in the manufacturing sector, where it has idled for the last six months.

The slight improvement reflected faster rates of expansion in new orders. Conversely, output, stocks of purchases and employment increased at a slower pace in January. In addition, supplier’s delivery times lengthened at a slower rate. Markit/JMMA analysts stated that, “January data signalled a continued improvement in operating conditions for Japanese manufacturers, with production and new orders remaining in robust growth territory. In line with the rises in output and new business, Japanese manufacturers reported an increase in payroll numbers for the fourth month running, with the latest reading broadly unchanged from the previous month. Meanwhile, inflationary pressures remained with the depreciation of the yen/dollar rate driving up input prices.”


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 January 2015

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


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: Export growth slows in June

    July 19, 2018

    Nominal yen-denominated merchandise exports increased 6.7% annually in June, decelerating from May’s 8.1% expansion and undershooting market expectations of a 7.0% increase.

    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

More news

Search form