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Japan Composite PMI

Last Release
May 31, 2024
Actual
52.4
Units In
Points
Previous
52.3
Frequency
Monthly
Next Release
Jun 05, 2024
Time to Release
8 Days 14 Hours
Highest
Lowest
Average
Date Range
Source
54.3
May 2023
25.8
Apr 2020
50.25 Points2013-2024Markit Economics
In Japan, the Nikkei Japan Composite Output Index tracks business trends across private sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.

Latest Updates

The au Jibun Bank Japan Composite PMI ticked up to 52.4 in May 2024 from 52.3 in the prior month, pointing to the highest reading since last August, a flash figure showed. The latest result indicated that private sector expansion continued to accelerate for the third successive month, with strong activity in the service economy prevailing. At the same time, manufacturing output was near stabilization, offering hope of broadening recovery later in the year. Employment quickened amid a slowdown in new orders and a further drop in foreign sales. At the same time, backlogged work pointed to a renewed decline. On the cost side, both input prices and selling charges rose at softer rates, underlining softer inflation pressures. Finally, sentiment remained upbeat even as confidence slipped to a seven-month low.

Japan Composite PMI History

Last 12 readings

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