Services PMI in Japan decreased to 51.10 points in October from 53.80 points in September of 2023. Services PMI in Japan averaged 50.18 points from 2013 until 2023, reaching an all time high of 55.90 points in May of 2023 and a record low of 21.50 points in April of 2020. The au Jibun Bank Japan Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The headline figure is the Services Business Activity Index. This is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This page provides the latest reported value for – Japan Services PMI – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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