Japan Manufacturing PMI

The Markit/Nikkei Flash Japan Manufacturing PMI came in at 47.8 in June of 2016, compared to the final figure in May of 47.7 and market expectations of 48.2. Both output and new orders declined at marked rates, led by a sharp drop in international demand. Meanwhile, employment growth eased to the weakest in nine months. The index has been in a contraction since March. Manufacturing PMI in Japan averaged 49.61 from 2008 until 2016, reaching an all time high of 56.20 in January of 2014 and a record low of 29.60 in February of 2009. Manufacturing PMI in Japan is reported by Markit Economics. The Nikkei Japan Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for – Japan Manufacturing PMI – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.