Japan Non-Manufacturing PMIJapan Non-Manufacturing PMIJapan Non-Manufacturing PMI

Japan Non-Manufacturing PMI

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
Highest
57.00POINT on Sep 30, 1990
Lowest
−41.00POINT on Dec 31, 1998

About Japan Non-Manufacturing PMI


Category
Business
Frequency
Quarterly
Units
POINT
In Japan, the quarterly Tankan Survey of Business Conditions for Large Non-Manufacturers covers about 1,050 companies with capital over 1 billion Yen, operating in the non-manufacturing sector. The survey is done by mail or e-mail and asks participants to evaluate current trends and conditions in the business place and their respective industries as well as their expected business activities for the next quarter and year. The indicator is calculated by subtracting the percentage share of enterprises responding on the negative side from the share giving positive assessments. The index varies on a scale of -100 to 100 such that a value above zero indicates business optimism, a value below zero pessimism and 0 indicates neutrality.