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Japan Services Purchasing Managers' Index

Japan Services Purchasing Managers' Index

Actual: 46.7
Forecast:  
Previous: 47.7
Importance:
Release Date: Nov 20, 2020
Currency: JPY
Country: Japan
Source Of Report: Markit Economics

The survey covers transport & communication, financial intermediation, business services, personal services, computing & IT and hotels & restaurants. Each response received is weighted according to the size of the company to which the questionnaire refers & the contribution to total service sector output accounted for by the sub-sector to which that company belongs.This therefore ensures that replies from larger companies have a greater impact on the final index numbers than replies from small companies.The results are presented by question asked, showing the % of respondents reporting an improvement, deterioration or no-change since the previous month.From these %, an index is derived such that a level of 50.0 signals no-change since the previous month.Above 50.0 signals an increase (or improvement),below 50.0 a decrease(or deterioration).The greater the divergence from 50.0, the greater the rate of change signaled.

Release Date Actual Forecast Previous
Dec 03, 2020 (Nov) 47.7
Nov 20, 2020    46.7 47.7
Nov 05, 2020 (Oct) 47.7 46.9 46.9
Oct 23, 2020 (Oct)    46.6 46.9
Oct 05, 2020 (Sep) 46.9 45.6 45.0
Sep 23, 2020    45.6 45.0

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