The S&P Global Japan Manufacturing PMI declined to 54.1 in September 2026 from 54.9 in the previous month, below market expectations of 55.0, marking the ninth consecutive month of expansion in factory activity, preliminary estimates showed. It was the softest expansion in the manufacturing sector since February, as firms recorded softer increases in output and new orders. Output growth eased to a three-month low, as firms recorded sales growth at its weakest in four months. The slowdown came despite a further marked increase in foreign sales, with the rate of growth unchanged from August's eight-and-a-half-year high. Meanwhile, delivery times lengthened further amid reports of supplier shortages, while purchasing activity eased, inventories of inputs rose slightly, and employment continued to increase. On the price front, input and output prices rose, driven by higher energy and raw material prices, as well as a weak yen. Lastly, sentiment improved due to hopes of continued demand. source: S&P Global
Manufacturing PMI in Japan decreased to 54.10 points in September from 54.90 points in August of 2026. Manufacturing PMI in Japan averaged 50.18 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 decreased to 54.10 points in September from 54.90 points in August of 2026. Manufacturing PMI in Japan is expected to be 55.20 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.