Japanese manufacturing PMI climbed in May

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Japan Manufacturing PMI  | Data | Chart | Calendar | Forecast


source: tradingeconomics.com
BUZ INVESTORS  Japanese manufacturing PMI climbed The Nikkei Japan Final Manufacturing PMI came in at 53.1 in May of 2017, beating its flash estimate of 52 and above a final of 52.7 in April. The figure pointed to the tenth straight month of expansion in manufacturing activity and the highest since February, mainly driven by a faster rise in new orders (rising for an eighth straight month) and output (highest in 16 months) on the back of firmer demand, while employment improved and businesses remained optimistic. Meanwhile, input inflation continued to rise at a slower pace, easing from a 28 month high last month; and output prices rose for the fifth straight month. May’s survey indicated that manufacturers continued to show optimism towards future growth prospects that will coincide with preparations for the 2020 Olympics. Manufacturing PMI in Japan averaged 49.82 from 2008 until 2017, reaching an all time high of 56.20 in January of 2014 and a record low of 29.60 in February of 2009.



Japanese manufacturing PMI climbed

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Japan Manufacturing PMI Notes

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. Japan Manufacturing PMI – actual data, historical chart and calendar of releases – was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
53.10 52.70 56.20 29.60 2008 – 2017 Monthly
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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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