Japan Services Purchasing Managers' Index (PMI)

JPY
Actual
50.8
Forecast
51.7
Previous
51.6
Latest Release
Dec 05, 2023
Importance
Overview
The survey covers transport & communication, financial intermediation, business services, personal services, computing & IT and hotels & restaurants. Each response received is weighted according to the size of the company to which the questionnaire refers & the contribution to total service sector output accounted for by the sub-sector to which that company belongs.This therefore ensures that replies from larger companies have a greater impact on the final index numbers than replies from small companies.The results are presented by question asked, showing the % of respondents reporting an improvement, deterioration or no-change since the previous month.From these %, an index is derived such that a level of 50.0 signals no-change since the previous month.Above 50.0 signals an increase (or improvement),below 50.0 a decrease(or deterioration).The greater the divergence from 50.0, the greater the rate of change signaled.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Dec 05, 2023 (Nov) 06:00 50.8 51.7
51.6
Nov 24, 2023 06:00 51.7 -
51.6
Nov 06, 2023 (Oct) 06:00 51.6 51.1
51.1
Oct 24, 2023 06:00 51.1 -
53.8
Oct 04, 2023 (Sep) 06:00 53.8 53.3
54.3
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