The au Jibun Bank Japan Composite PMI was revised upward to 51.0 in April 2021 from a flash reading of 50.2 and after a final 49.9 a month earlier. This was the first expansion in the private sector since January 2020 and the steepest pace since September 2019, led by a three-year high rate of growth in manufacturing production, while the downturn in services activity eased. New business rose for the first time in 15 months, with the pace of the increase the fastest since May 2019; and employment improved for the third month in a row, rising at the strongest rate since January 2020. Meanwhile, backlogs of work increased for the first time since August 2019. Finally, the level of positive sentiment remained strong overall, despite easing from March’s 94-month high. source: Markit Economics
Composite PMI in Japan averaged 50.03 points from 2013 until 2021, 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 May of 2021.
Composite PMI in Japan is expected to be 52.00 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 52.00 in 12 months time. In the long-term, the Japan Composite PMI is projected to trend around 52.00 points in 2022, according to our econometric models.