The au Jibun Bank Japan Manufacturing PMI increased to 50.6 in February 2021 from 49.8 a month earlier, marking the first month of expansion in factory activity since April 2019 and the fastest since December 2018. Both output and new orders expanded the most since December 2018, with export sales rising for the first time in four months and at the quickest pace since March 2018. At the same time, both employment and backlogs of work fell at a slower pace. On the price front, input cost inflation accelerated, while selling prices went up at a weaker rate. Looking ahead, business sentiment improved, marking the ninth consecutive month of positive sentiment among manufacturers. source: Markit Economics
Manufacturing PMI in Japan averaged 49.90 points from 2008 until 2021, 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. Japan Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Manufacturing PMI in Japan is expected to be 50.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Japan to stand at 51.00 in 12 months time. In the long-term, the Japan Manufacturing PMI is projected to trend around 50.50 points in 2022, according to our econometric models.