Challenges
Jibun Bank Services PMI
Most recent - Tuesday 5 December 2023 00:30
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
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
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:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Current Account n.s.a. | Bearish change | ¥2723.6B | ¥2582.8B | ||
| Gross Domestic Product (QoQ) | Bearish change | -0.5% | -0.7% | ||
| Gross Domestic Product Annualized | Bearish change | -2.1% | -2.9% | ||
| Gross Domestic Product Deflator (YoY) | Bullish change | 5.1% | 5.3% | ||
| Labor Cash Earnings (YoY) | Bullish change | 0.6% | 1.5% | ||
| Tokyo Consumer Price Index (YoY) | Bearish change | 3.2% | 2.6% | ||
| Tokyo CPI ex Food, Energy (YoY) | Bearish change | 3.8% | 3.6% | ||
| Tokyo CPI ex Fresh Food (YoY) | Bearish change | 2.7% | 2.3% | ||
| Unemployment Rate | Bullish change | 2.6% | 2.5% | ||
| Large Retailer Sales | Bearish change | 4.5% | 3.7% | ||
| Retail Trade (YoY) | Bearish change | 6.2% | 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 |