Japan Services PMIJapan Services PMIJapan Services PMI

Japan Services PMI

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Key data points

Last release
Observation period
May 2024
Next release
Forecast
Highest
55.90POINT on May 31, 2023
Lowest
21.50POINT on Apr 30, 2020

About Japan Services PMI

Category
Business
Frequency
Monthly
Units
POINT
The au Jibun Bank Japan Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The headline figure is the Services Business Activity Index. This is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.