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 - Wednesday 4 December 2024 00:30

Previous
50.2
Forecast
50.2
Actual
50.5

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

Next event - Friday 20 December 2024 00:30

Previous
-
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 50.5 against a forecast of 50.2.

Past events

Date
Forecast
Actual
Wednesday 4 December 2024 00:30
50.2
50.5
Friday 22 November 2024 00:30
-
50.2
Wednesday 6 November 2024 00:30
49.3
49.7
Thursday 24 October 2024 00:30
-
49.3
Thursday 3 October 2024 00:30
53.9
53.1
Tuesday 24 September 2024 00:30
-
53.9
Wednesday 4 September 2024 00:30
54
53.7
Thursday 22 August 2024 00:30
-
54
Monday 5 August 2024 00:30
53.9
53.7
Wednesday 24 July 2024 00:30
-
53.9
Wednesday 3 July 2024 00:30
49.8
49.4
Friday 21 June 2024 00:30
-
49.8
Wednesday 5 June 2024 00:30
53.6
53.8
Thursday 23 May 2024 00:30
-
53.6
Tuesday 7 May 2024 00:30
54.6
54.3
Tuesday 23 April 2024 00:30
-
54.6
Wednesday 3 April 2024 00:30
-
54.1
Thursday 21 March 2024 00:30
-
54.9
Tuesday 5 March 2024 00:30
-
52.9
Thursday 22 February 2024 00:30
-
52.5
Monday 5 February 2024 00:30
-
53.1
Wednesday 24 January 2024 00:30
-
52.7
Friday 5 January 2024 00:30
-
51.5
Friday 15 December 2023 00:30
-
52
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

Economic context

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

PreviousLatest
Gross Domestic Product (QoQ)Bullish change0.2%0.3%
Gross Domestic Product AnnualizedBullish change0.9%1.2%
Gross Domestic Product Deflator (YoY)Bearish change2.6%2.4%
Current Account n.s.a.Bullish change¥1717.1B¥2456.9B
Labor Cash Earnings (YoY)Bullish change2.5%2.6%
Large Retailer SalesBearish change2%-1%
Retail Trade (YoY)Bullish change0.5%1.6%
Retail Trade s.a (MoM)Bullish change-2.3%0.1%
Tokyo Consumer Price Index (YoY)Bullish change1.8%2.6%
Tokyo CPI ex Food, Energy (YoY)Bullish change1.8%2.2%
Tokyo CPI ex Fresh Food (YoY)Bullish change1.8%2.2%
Unemployment RateBearish change2.4%2.5%

About Jibun Bank Services PMI

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

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