Japan Manufacturing Purchasing Managers Index (PMI)

JPY
Actual
50.5
Forecast
49.7
Previous
49.6
Latest Release
May 23, 2024
Importance
Source
Nomura/JMMA
Overview
The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jun 03, 2024 (May) 02:30 - 50.5
49.6
May 23, 2024 (May) 02:30 50.5 49.7
49.6
May 01, 2024 (Apr) 02:30 49.6 49.9
48.2
Apr 23, 2024 (Apr) 02:30 49.9 48.0
48.2
Apr 01, 2024 (Mar) 02:30 48.2 48.2
47.2
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