Japan’s S&P Global Services PMI Business Activity Index was revised lower to 51.2 in July 2026 from 51.9 in the preliminary estimate and after a final reading of 52.2 in the previous month. It was the second consecutive month of expansion in the services sector, though growth slowed as new business expansion eased to a 25-month low. Employment also increased more slowly amid signs of easing capacity pressures. Meanwhile, backlogs of work increased only fractionally, marking the weakest increase in 17 months. At the same time, foreign demand declined for the fourth straight month, though the pace of decline eased to the weakest since April. On the price front, input cost inflation accelerated to near June's four-year record, while firms raised output charges at the second-fastest pace on record, reflecting continued efforts to pass higher costs on to customers. Looking ahead, business confidence remained positive but was among the lowest levels recorded since the pandemic. source: S&P Global
Services PMI in Japan decreased to 51.20 points in July from 52.20 points in June 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 decreased to 51.20 points in July from 52.20 points in June 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.