X

Jibun Bank Services PMI

The Jibun Bank Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic conditions in Japan. A result above 50 signals is bullish for the JPY, whereas a result below 50 is seen as bearish.

Most recent - Tuesday 5 December 2023 00:30

Previous
51.7
Forecast
51.7
Actual
50.8

Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.

Next event - Friday 15 December 2023 00:30

Previous
50.8
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Jibun Bank Services PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Jibun Bank Services PMI was 50.8 against a forecast of 51.7.

Past events

Date
Forecast
Actual
Tuesday 5 December 2023 00:30
51.7
50.8
Friday 24 November 2023 00:30
-
51.7
Monday 6 November 2023 00:30
51.1
51.6
Tuesday 24 October 2023 00:30
-
51.1
Wednesday 4 October 2023 00:30
53.3
53.8
Friday 22 September 2023 00:30
-
53.3
Tuesday 5 September 2023 00:30
54.3
54.3
Wednesday 23 August 2023 00:30
-
54.3
Thursday 3 August 2023 00:30
53.9
53.8
Monday 24 July 2023 00:30
-
52.1
Wednesday 5 July 2023 00:30
-
52.1
Friday 23 June 2023 00:30
56.2
54.2
Monday 5 June 2023 00:30
-
55.9
Tuesday 23 May 2023 00:30
55.2
56.3
Monday 8 May 2023 00:30
54.9
55.4
Friday 21 April 2023 00:30
-
54.9
Wednesday 5 April 2023 00:30
-
55
Friday 24 March 2023 00:30
53.8
54.2
Friday 3 March 2023 00:30
53.6
54
Tuesday 21 February 2023 00:30
51.5
53.6
Friday 3 February 2023 00:30
52.4
51.1
Tuesday 24 January 2023 00:30
51.4
52.4
Friday 6 January 2023 00:30
51.7
51.1
Friday 16 December 2022 00:30
51.1
51.7
Monday 5 December 2022 00:30
50
50.3
Thursday 24 November 2022 00:30
53.1
50
Friday 4 November 2022 00:30
53
53.2
Monday 24 October 2022 00:30
52.1
53
Wednesday 5 October 2022 00:30
51.9
52.2
Monday 26 September 2022 00:30
49.3
51.9
Monday 5 September 2022 00:30
49.2
49.5
Tuesday 23 August 2022 00:30
50.7
49.2
Wednesday 3 August 2022 00:30
51.2
50.3
Friday 22 July 2022 00:30
54.1
51.2
Tuesday 5 July 2022 00:30
54.2
54
Thursday 23 June 2022 00:30
52.2
54.2
Friday 3 June 2022 00:30
-
52.6
Tuesday 24 May 2022 00:30
50.6
51.7
Monday 9 May 2022 00:30
50.5
50.7
Friday 22 April 2022 00:30
49
50.5
Tuesday 5 April 2022 00:30
48.7
49.4
Thursday 24 March 2022 00:30
43.4
48.7
Thursday 3 March 2022 00:30
42.7
44.2
Monday 21 February 2022 00:30
-
42.7
Thursday 3 February 2022 00:30
-
47.6
Monday 24 January 2022 00:30
-
46.6
Thursday 6 January 2022 00:30
-
52.1
Friday 3 December 2021 00:30
-
53
Thursday 4 November 2021 00:30
-
50.7
Tuesday 5 October 2021 00:30
-
47.8
Friday 3 September 2021 00:30
-
42.9
Wednesday 4 August 2021 00:30
46.4
47.4
Monday 5 July 2021 00:30
-
48
Thursday 3 June 2021 00:30
-
46.5
Friday 7 May 2021 00:30
48.3
49.5
Monday 5 April 2021 00:30
-
48.3
Wednesday 3 March 2021 00:30
-
46.3
Wednesday 3 February 2021 00:30
-
46.1
Wednesday 6 January 2021 00:30
47.2
47.7

Economic context

Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Jibun Bank Services PMI result:

PreviousLatest
Current Account n.s.a.Bearish change¥2723.6B¥2582.8B
Gross Domestic Product (QoQ)Bearish change-0.5%-0.7%
Gross Domestic Product AnnualizedBearish change-2.1%-2.9%
Gross Domestic Product Deflator (YoY)Bullish change5.1%5.3%
Labor Cash Earnings (YoY)Bullish change0.6%1.5%
Tokyo Consumer Price Index (YoY)Bearish change3.2%2.6%
Tokyo CPI ex Food, Energy (YoY)Bearish change3.8%3.6%
Tokyo CPI ex Fresh Food (YoY)Bearish change2.7%2.3%
Unemployment RateBullish change2.6%2.5%
Large Retailer SalesBearish change4.5%3.7%
Retail Trade (YoY)Bearish change6.2%4.2%
Retail Trade s.a (MoM)Bearish change-0.1%-1.6%

About Jibun Bank Services PMI

Country:Japan
Currency:JPY
Source:IHS Markit
Category:Economic Activity
Frequency:Monthly

Related events

Australia
Gross Domestic Product (QoQ)
Canada
Gross Domestic Product Annualized
Switzerland
Gross Domestic Product s.a. (QoQ)
China
Non-Manufacturing PMI
China
Gross Domestic Product (YoY)
China
Gross Domestic Product (QoQ)
China
NBS Manufacturing PMI
Germany
S&P Global/BME Manufacturing PMI
Germany
Gross Domestic Product (QoQ)
Germany
S&P Global/BME Composite PMI
Eurozone
Gross Domestic Product s.a. (YoY)
Eurozone
Gross Domestic Product s.a. (QoQ)
Eurozone
S&P Global Composite PMI
Japan
Gross Domestic Product (QoQ)
Japan
Tankan Large Manufacturing Index
New Zealand
Gross Domestic Product (YoY)
New Zealand
Gross Domestic Product (QoQ)
United Kingdom
S&P Global/CIPS Services PMI
United Kingdom
Gross Domestic Product (QoQ)
United States
ISM Manufacturing PMI
United States
Gross Domestic Product Annualized
United States
Nondefense Capital Goods Orders ex Aircraft
United States
ISM Services PMI
United States
Durable Goods Orders
Australia
S&P Global Manufacturing PMI
Australia
National Australia Bank's Business Confidence (QoQ)
Australia
S&P Global Services PMI
Australia
AiG Industry Index
Australia
Gross Domestic Product (YoY)
Canada
Bank of Canada Business Outlook Survey
Canada
Gross Domestic Product (MoM)
Canada
Ivey Purchasing Managers Index
Canada
Ivey Purchasing Managers Index s.a
Canada
Gross Domestic Product (QoQ)
Canada
S&P Global Manufacturing PMI
Switzerland
KOF Leading Indicator
Switzerland
Industrial Production (YoY)
Switzerland
Gross Domestic Product (YoY)
Switzerland
ZEW Survey – Expectations
China
Industrial Production (YoY)
China
Caixin Services PMI
China
Caixin Manufacturing PMI
Germany
ZEW Survey – Economic Sentiment
Germany
IFO – Current Assessment
Germany
IFO – Expectations
Germany
ZEW Survey – Current Situation
Germany
IFO – Business Climate
Germany
S&P Global/BME Services PMI
Germany
Gross Domestic Product w.d.a (YoY)
Germany
Gross Domestic Product (YoY)
Germany
Factory Orders s.a. (MoM)
Eurozone
ZEW Survey – Economic Sentiment
Eurozone
S&P Global Manufacturing PMI
Eurozone
S&P Global Services PMI
Eurozone
Industrial Production s.a. (MoM)
Eurozone
Business Climate
Spain
S&P Global Services PMI
Spain
S&P Global Manufacturing PMI
France
S&P Global Manufacturing PMI
France
S&P Global Composite PMI
France
Gross Domestic Product (QoQ)
France
S&P Global Services PMI
Italy
Gross Domestic Product (YoY)
Italy
S&P Global Manufacturing PMI
Italy
Gross Domestic Product (QoQ)
Italy
S&P Global Services PMI
Japan
Tankan Large All Industry Capex
Japan
Tankan Large Manufacturing Outlook
Japan
Industrial Production (YoY)
Japan
Gross Domestic Product Annualized
New Zealand
Business NZ PMI
New Zealand
NZIER Business Confidence (QoQ)
Poland
Purchasing Manager Index
United Kingdom
Manufacturing Production (MoM)
United Kingdom
S&P Global/CIPS Composite PMI
United Kingdom
Manufacturing Production (YoY)
United Kingdom
Gross Domestic Product (MoM)
United Kingdom
Industrial Production (MoM)
United Kingdom
Gross Domestic Product (YoY)
United Kingdom
NIESR GDP Estimate (3M)
United Kingdom
S&P Global/CIPS Manufacturing PMI
United States
Durable Goods Orders ex Defense
United States
S&P Global Manufacturing PMI
United States
S&P Global Services PMI
United States
Chicago Fed National Activity Index
United States
Factory Orders (MoM)
United States
ISM Services New Orders Index
United States
ISM Manufacturing New Orders Index
United States
Philadelphia Fed Manufacturing Survey
United States
S&P Global Composite PMI
United States
Chicago Purchasing Managers' Index
United States
Durable Goods Orders ex Transportation
United States
Gross Domestic Product Price Index
 
Continue to site >