The typical/expected market impact of this event is low.
The consensus forecast for Jibun Bank Services PMI is 52.8. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Jibun Bank Services PMI was 52.8.
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 | ||||
|---|---|---|---|---|---|
| Tankan Large All Industry Capex | Bearish change | 12.6% | 3.3% | ||
| Tankan Large Manufacturing Index | Bullish change | 16 | 17 | ||
| Tankan Large Manufacturing Outlook | Bearish change | 15 | 14 | ||
| Large Retailer Sales | (no change) | 3% | 3% | ||
| Retail Trade (YoY) | Bearish change | 1.8% | -0.2% | ||
| Retail Trade s.a (MoM) | Bearish change | 4.1% | -2% | ||
| Tokyo Consumer Price Index (YoY) | Bearish change | 1.5% | 1.4% | ||
| Tokyo CPI ex Food, Energy (YoY) | Bearish change | 1.8% | 1.7% | ||
| Tokyo CPI ex Fresh Food (YoY) | Bearish change | 1.8% | 1.7% | ||
| Unemployment Rate | Bullish change | 2.7% | 2.6% | ||
| National Consumer Price Index (YoY) | Bearish change | 1.5% | 1.3% | ||
| National CPI ex Food, Energy (YoY) | Bearish change | 2.6% | 2.5% | ||
| National CPI ex Fresh Food (YoY) | Bearish change | 2% | 1.6% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |