The au Jibun Bank Japan Composite PMI rose to a seven-month peak of 53.2 in June of 2022 from a final 52.3 in May, a flash figure showed. This was also the fourth straight month of growth in the private sector, as border restrictions related to the COVID-19 pandemic were eased. Activity in the service sector expanded the most since October 2013, boosted by the return of foreign visitors; while manufacturers signaled the softest upturn in the current four-month growth sequence, reflecting the impact of strict curbs in China. Both new orders and employment continued to rise, amid a softer drop in export orders. On the price front, input price inflation remained broadly similar to May’s series record, despite the reading easing for the first time in five months. That said, prices charged rose at an unprecedented rate for the second straight month, as higher material and staff cost burdens were partially passed through to customers. Finally, sentiment strengthened. 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 June of 2022.
Composite 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 Composite PMI is projected to trend around 52.00 points in 2023, according to our econometric models.