The au Jibun Bank Japan Manufacturing PMI was revised higher to 52.7 in August 2021 from a preliminary reading of 52.4 and after a final 53.0 a month earlier. This was the seventh straight month of growth in the manufacturing sector, in spite of COVID-19 restrictions and supply chain disruptions. Both output and new orders expanded at slower rates, buying activity rose at the softest pace in the current six-month sequence of growth while exports orders declined for the first time in seven months. Meantime, employment increased the most since January 2020. On the price front, input costs inflation eased, while output prices increased at the fastest pace since October 2018, as firms sought to partially pass on higher costs to clients. Lastly, confidence weakened to its lowest in seven months, as firms cited uncertainty regarding the duration of the pandemic. source: Markit Economics
Manufacturing PMI in Japan averaged 50.01 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 September of 2021.
Manufacturing PMI in Japan is expected to be 51.50 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 50.50 points in 2022, according to our econometric models.