The au Jibun Bank Japan Composite PMI was revised higher to 46.6 in September 2020, from a preliminary estimate of 45.5 and compared to a final 45.2 in August. The latest reading signaled another month of contraction in the country's private sector activity. New business continued to fall, although the pace of reduction eased to the slowest in the current period of decline. At the same time, falling workloads led private sector companies to reduce their staffing levels. Lastly, business expectations were the strongest since December 2018.
Composite Pmi in Japan averaged 50.15 points from 2013 until 2020, reaching an all time high of 54.10 points in January of 2014 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 - values, historical data and charts - was last updated on October of 2020. source: Markit Economics
Composite Pmi in Japan is expected to be 50.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Japan to stand at 52.10 in 12 months time. In the long-term, the Japan Composite Pmi is projected to trend around 51.20 points in 2021 and 52.00 points in 2022, according to our econometric models.