The au Jibun Bank Japan Composite PMI was at 47.9 in September, compared with the flash figure of 47.7 and a final 45.5 a month earlier, highlighting a softer fall in private output. Manufacturing firms noted the first instance of contraction in both output and new orders since November 2020. Meanwhile, their counterparts in the larger services sector saw rates of decline in activity and new work ease, which contributed to a softer fall in aggregate new orders. Meantime, firms to reduced outstanding business as indicated by a sustained fall in backlogs. Positively, employment rose, with the rate of job creation accelerating, and was the joint-fastest since January 2020 as both manufacturing and services firms increased headcounts. Prices data showed cost burdens rose at the quickest pace since September 2008 as services firms commented on the quickest rise since April, while manufacturers recorded the steepest rise in input prices for 13 years. source: Markit Economics
Composite PMI in Japan averaged 49.92 points from 2013 until 2021, 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 - values, historical data and charts - was last updated on October of 2021.
Composite PMI in Japan is expected to be 48.50 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 2022, according to our econometric models.