Japan’s S&P Global Services PMI Business Activity Index stood at 52.2 in June 2026, higher than the flash data of 51.8 and 50.0 in the prior month. The latest reading marked the 14th expansion in the past 15 months, although the pace of growth remained modest and slightly below the average over the past year. New business rose at one of the fastest rates in nearly two years, driven by stronger domestic demand, even as export orders fell sharply. Firms expanded hiring, with employment growth accelerating, while backlogs increased at the quickest pace since March, underscoring capacity pressures. Input cost inflation surged to a four-year high on higher oil, energy, food, and labor costs, yet selling price hikes slowed compared with May, hinting at softer pass-through. Finally, business confidence stayed subdued, among the weakest since the pandemic, as companies flagged uncertainty from Middle East tensions, persistent cost burdens, and labor shortages as key risks to the outlook. source: S&P Global
Services PMI in Japan increased to 52.20 points in June from 50 points in May of 2026. Services PMI in Japan averaged 50.64 points from 2013 until 2026, reaching an all time high of 55.90 points in May of 2023 and a record low of 21.50 points in April of 2020. This page provides the latest reported value for - Japan Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Services PMI in Japan increased to 52.20 points in June from 50 points in May of 2026. Services 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 Services PMI is projected to trend around 51.30 points in 2027 and 52.00 points in 2028, according to our econometric models.