Japan’s S&P Global Services PMI Business Activity Index stood at 51.3 in September 2026, down from a flash reading of 51.6 and August's 52.5. The latest result was below the average in 2026 so far, as new orders rose at a softer pace, partly reflecting disruptions from the Kumamoto earthquake, while export orders continued to fall sharply. Employment growth accelerated to its fastest since February, helped by rising customer demand and efforts to expand capacity. However, backlogs of work increased at the fastest rate in seven months, pointing to mounting capacity pressures. Input costs continued to rise sharply, although the pace of inflation eased to a six-month low, with higher raw material, labor, oil and food costs cited. Firms raised selling prices at one of the sharpest rates on record. Meanwhile, business confidence improved to its highest level since June, supported by expectations of stronger demand, new products, diversification and capacity investment. source: S&P Global
Services PMI in Japan decreased to 51.30 points in September from 52.50 points in August of 2026. Services PMI in Japan averaged 50.66 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 51.30 points in September from 52.50 points in August of 2026. Services PMI in Japan is expected to be 51.00 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.