The Nikkei Japan Services PMI came in at 52.3 in November 2018, little-changed from a 6-month high of 52.4 in the previous month. Incoming work rose at a relatively marked rate, while export business growth was mild. As a result, employment was raised, but reports of retirements limited the increase. Meanwhile, prices data indicated a persistence of elevated cost pressures, but demand was reportedly strong enough to enable companies to pass through higher costs to clients. Looking ahead, confidence strengthened to a ten-month high. Services Pmi in Japan is reported by Markit Economics.

Services Pmi in Japan is expected to be 52.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services Pmi in Japan to stand at 51.55 in 12 months time. In the long-term, the Japan Services PMI is projected to trend around 50.80 Index Points in 2020, according to our econometric models.

Japan Services PMI
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Japan Business Last Previous Highest Lowest Unit
Business Confidence 19.00 19.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 52.40 52.20 56.20 29.60 [+]
Services Pmi 52.30 52.40 55.30 46.40 Index Points [+]
Industrial Production 4.20 -2.50 30.00 -37.20 percent [+]
Industrial Production Mom 2.90 -0.40 6.80 -16.50 percent [+]
Manufacturing Production 4.20 -2.50 29.30 -37.20 percent [+]
Capacity Utilization 105.20 101.20 136.10 68.60 Index Points [+]
New Orders 1086.17 899.96 1624.17 693.64 JPY Billion [+]
Machinery Orders 7.60 -18.30 25.50 -18.30 percent [+]
Changes in Inventories 1157.40 971.50 7611.00 -6584.40 JPY Billion [+]
Bankruptcies 718.00 730.00 1965.00 6.00 Companies [+]
Corporate Profits 18284.72 26401.12 26401.12 43.24 JPY Billion [+]
Coincident Index 104.50 101.60 107.20 69.40 [+]
Economy Watchers Survey 51.00 49.50 57.50 18.90 [+]
Car Production 692919.00 595931.00 961994.00 249772.00 Units [+]
Car Registrations 240819.00 227172.00 585449.00 83044.00 [+]
Leading Economic Index 100.50 99.60 108.00 72.40 Index Points [+]
Small Business Sentiment 14.00 14.00 46.00 -60.00 [+]
Internet Speed 20171.96 19574.52 20171.96 6541.92 KBps [+]
IP Addresses 43689566.00 43995715.00 44977757.00 23570249.00 IP [+]
Private Investment 4.50 12.80 12.80 -25.33 percent [+]
Mining Production -8.50 -0.20 16.20 -16.10 percent [+]
Cement Production 5322.00 4996.00 9368.00 4218.00 Thousands of Tonnes [+]
Competitiveness Index 82.47 81.59 82.47 5.36 Points [+]
Competitiveness Rank 5.00 8.00 10.00 5.00 [+]
Composite Pmi 52.40 52.50 54.10 46.30 [+]
Corruption Index 73.00 72.00 80.00 58.00 Points [+]
Corruption Rank 20.00 20.00 25.00 14.00 [+]
Ease of Doing Business 39.00 34.00 39.00 13.00 [+]
Non Manufacturing Pmi 24.00 22.00 57.00 -41.00 [+]
Steel Production 8563.52 8418.41 10775.00 1177.00 Thousand Tonnes [+]


Japan Services PMI

The Japan Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of over 400 private service sector companies based in Japan. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. 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. Japan Services PMI - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
52.30 52.40 55.30 46.40 2013 - 2018 Index Points Monthly




Country Last Previous
Australia 55.10 Nov/18
Brazil 51.30 Nov/18
China 53.80 Nov/18
Euro Area 51.40 Dec/18
France 49.60 Dec/18
Germany 52.50 Dec/18
India 53.70 Nov/18
Italy 50.30 Nov/18
Japan 52.30 Nov/18
Russia 55.60 Nov/18
Spain 54.00 Nov/18
United Kingdom 50.40 Nov/18
United States 53.40 Dec/18


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