Japan Services Purchasing Managers' Index (PMI)

JPY
Actual
52.5
Previous
53.1
Latest Release
Feb 22, 2024
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
Feb 22, 2024 02:30 52.5 -
53.1
Feb 05, 2024 (Jan) 02:30 53.1 52.7
51.5
Jan 24, 2024 02:30 52.7 -
51.5
Jan 05, 2024 (Dec) 02:30 51.5 52.0
50.8
Dec 15, 2023 02:30 52.0 -
50.8
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