The S&P Global Japan Manufacturing PMI increased to 54.9 in April 2026 from March’s 51.6, surpassing market forecasts of 51.2, preliminary estimates showed. The latest figure marked the fourth straight month of expansion in factory activity and the fastest growth since January 2022. Output grew at the fastest pace since February 2014, indicating that manufacturers increased production amid concerns over future supply shortages stemming from the war in the Middle East. Meanwhile, new orders rose modestly, though the pace of increase strengthened slightly from March, with export orders rising faster. As a result, firms raised employment at a faster pace. Meanwhile, delivery times rose at the fastest pace in nearly four years. On prices, input cost inflation accelerated due to the war in the Middle East and ongoing supply chain strain. Lastly, business sentiment deteriorated amid uncertainty about the impact of the war in the Middle East. source: S&P Global
Manufacturing PMI in Japan increased to 54.90 points in April from 51.60 points in March of 2026. Manufacturing PMI in Japan averaged 50.08 points from 2008 until 2026, reaching an all time high of 56.20 points in January of 2014 and a record low of 29.60 points in February of 2009. This page provides the latest reported value for - Japan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Manufacturing PMI in Japan increased to 54.90 points in April from 51.60 points in March of 2026. Manufacturing PMI in Japan is expected to be 50.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Manufacturing PMI is projected to trend around 52.00 points in 2027, according to our econometric models.