The au Jibun Bank Japan Manufacturing PMI increased to 53.0 in October 2021 from a final 51.5 a month earlier, a preliminary reading showed. This was the ninth straight month of expansion in factory activity and the strongest pace since July, amid a reduction in COVID-19 cases and easing pandemic restrictions across the country. Both output and new order reversed the declines recorded in September to rise marginally while buying levels rose following a fall in September. In addition, export sales growth quickened and employment grew at the fastest pace since April 2019 with backlogs of work increasing at a softer rate. On the cost side, inflation accelerated for both input and output prices, due to supply chain pressures and material shortages. Finally, business confidence improved to the highest since June's series record. source: Markit Economics
Manufacturing PMI in Japan averaged 50.04 points from 2008 until 2021, reaching an all time high of 56.20 points in January of 2014 and a record low of 29.60 points in February of 2009. This page provides the latest reported value for - Japan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Manufacturing 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 Manufacturing PMI is projected to trend around 50.50 points in 2022, according to our econometric models.