Track the JN Flash Manufacturing PMI for early insights into Japanese manufacturing sector conditions and economic momentum.
This serves as an early indicator of Japanese manufacturing sector health. Japan is the world’s third-largest economy and a global manufacturing powerhouse, particularly in automotive, electronics, and precision engineering. The Flash release is published about a week before the final PMI and tends to have the most market impact. A reading above 50.0 signals sector expansion.
What it Measures
Level of a diffusion index based on surveyed purchasing managers in the manufacturing sector.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it typically has a positive effect on the currency.
Source & Frequency
au Jibun Bank and S&P Global (latest release) - https://www.pmi.spglobal.com/ • Released monthly, roughly three weeks into the current month.
How Data is Derived
Survey of purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories
Also Known As
au Jibun Bank Flash Manufacturing PMI
Acronym
Purchasing Managers' Index (PMI)