Japan Services Purchasing Managers' Index (PMI)

JPY
Actual
52.3
Forecast
52.4
Previous
51.1
Latest Release
Feb 03, 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
Feb 03, 2023 (Jan) 02:30 52.3 52.4
51.1
Jan 24, 2023 02:30 52.4 51.4
51.1
Jan 06, 2023 (Dec) 02:30 51.1 51.7
50.3
Dec 16, 2022 02:30 51.7 51.1
50.3
Dec 05, 2022 (Nov) 02:30 50.3 50.0
50.0
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