The au Jibun Bank Japan Composite PMI was at 50.2 in July 2022, compared with a flash print of 50.6 and after June's final figure of 53.0. The latest result marked the softest growth in private sector activity in the current five-month sequence of expansion, amid a resurgence of COVID-19 cases. The slowdown came amid a sharp moderation in services activity growth and the first fall in manufacturing output since February. New orders stalled after two straight months of rising, while the rate of job creation remained marginal. At the same time, backlogs were unchanged, an indication of easing pressure on capacity amid weaker demand. Positively, firms reported a slower rate of input price inflation for the first time since January, yet average cost burdens nonetheless increased at the second-fastest pace in the survey history. Looking ahead, sentiment softened, amid concerns of muted economic conditions and uncertainty stemming from inflation, the weaker yen, and the Ukraine war. source: Markit Economics
Composite PMI in Japan averaged 50.01 points from 2013 until 2022, reaching an all time high of 54.10 points in January of 2014 and a record low of 25.80 points in April of 2020. This page provides - Japan Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Composite PMI in Japan is expected to be 52.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Composite PMI is projected to trend around 52.00 points in 2023, according to our econometric models.