Japan - Nikkei / Markit Manufacturing PMI for June, final.

  • preliminary was 52.0
  • prior 53.1

Key points:

  • Sales to South East Asia support best gain in new exports since February
  • PMI pulled lower by weaker rises in both output and new orders
  • Increased global demand places pressure on supply chains for Japanese manufacturers

Commenting on the Japanese Manufacturing PMI survey data, Paul Smith, senior economist at IHS Markit:

  • "Although final PMI data for June confirmed that growth slowed, the sector continues to benefit from rising global demand, especially from South East Asia which was a key source of new order wins.
  • The current broad-based strength of global growth is also having a noticeable impact on supply chains, with Japanese manufacturers suffering the greatest delays to their ordered inputs since early 2014.
  • Price pressures subsequently remain elevated, and led to a rate of pass-through to clients that matched April's near two-and-a-half year high."


Down on the month, but still well into 'expansion' and more improvement for the manufacturing sector in Japan for June.