The au Jibun Bank Japan Manufacturing PMI declined to 52.7 in June 2022, matching the preliminary reading, and after a final 53.3 a month earlier. While marking the lowest figure in four months and signaling the joint-softest operating conditions since last September, the latest print still represented the 17th straight month of expansion in factory activity, amid the lifting of COVID-19 curbs. Output rose at the slowest rate in the current four-month sequence of growth, and buying levels eased, while new orders rose only fractionally. Meantime, employment continued to rise, with the rate of job creation broadly unchanged from May's modest pace. Delivery times lengthened at the slowest rate four months, albeit still rapidly overall. On prices, input cost inflation eased for the first time in four months and was the slowest since February, meanwhile output cost inflation accelerated to the fastest rate in the survey history. Finally, sentiment strengthened to a three-month high. source: Markit Economics
Manufacturing PMI in Japan averaged 50.22 points from 2008 until 2022, 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 July of 2022.
Manufacturing 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 Manufacturing PMI is projected to trend around 50.50 points in 2023, according to our econometric models.