Japan Services PMI

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.

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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	Range
Australia	55.10	Nov/18	51.1	63 : 39	Index Points
Brazil	51.30	Nov/18	50.5	57.1 : 36.9	Index Points
China	53.80	Nov/18	50.8	54.7 : 50	Index Points
Euro Area	51.40	Dec/18	53.4	58.3 : 39.2	Index Points
France	49.60	Dec/18	55.1	62.9 : 40.2	Index Points
Germany	52.50	Dec/18	53.3	60.3 : 41.3	Index Points
India	53.70	Nov/18	52.2	57.5 : 44.6	Index Points
Italy	50.30	Nov/18	49.2	57.7 : 42.3	Index Points
Japan	52.30	Nov/18	52.4	55.3 : 46.4	Index Points
Russia	55.60	Nov/18	56.9	58.4 : 41.3	Index Points
Spain	54.00	Nov/18	54	60.3 : 36.8	Index Points
United Kingdom	50.40	Nov/18	52.2	62.5 : 40.1	Index Points
United States	53.40	Dec/18	54.7	61 : 49.3	Index Points