The S&P Global Japan Manufacturing PMI stood at 51.5 in January 2026, unchanged from the preliminary reading and up from December’s final figure of 50. This marked the first expansion in factory activity since last June, with the pace of improvement the strongest since August 2022, supported by the first upturn in new orders since May 2023 and to the greatest extent in nearly four years. Foreign sales rose for the first time since February 2022. Output growth was the strongest since April 2022, while employment rose at the fastest rate in 40 months. Purchasing activity increased at the fastest pace in three-and-a-half years, while vendor performance deteriorated. On the price front, input costs accelerated to their highest level in nearly a year, driven by higher raw material and labor costs amid a weak yen. Output price inflation rose at the fastest pace in over a year and a half. Finally, business sentiment weakened to a three-month low amid concerns over inflation. source: S&P Global
Manufacturing PMI in Japan increased to 51.50 points in January from 50 points in December of 2025. Manufacturing PMI in Japan averaged 50.04 points from 2008 until 2026, reaching an all time high of 56.20 points in January of 2014 and a record low of 29.60 points in February of 2009. This page provides the latest reported value for - Japan Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Manufacturing PMI in Japan increased to 51.50 points in January from 50 points in December of 2025. Manufacturing PMI in Japan is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Manufacturing PMI is projected to trend around 52.00 points in 2027, according to our econometric models.