JPY · Sentiment

Japan Manufacturing PMI

Next release: Jul 1, 2026

Next release

Released monthly

Jul 1, 2026 00:30 UTC

in 9 days

Consensus forecast
50.8
Previous
54.5

Latest result

The most recent Japan Manufacturing PMI (Jun 1, 2026, May) printed 54.5 versus 54.5 expected (previous 54.5) — in line with forecast.

What it measures

This is the final reading of the monthly survey of Japanese factory purchasing managers, confirming the earlier flash estimate. A reading above 50 means manufacturing is expanding and below 50 contracting. Because the flash already delivered the signal, this version usually only confirms it. The survey was once published under a different name before the current sponsor took over.

As the final reading, arriving after the flash has been digested, the reaction is usually small. A notable revision can still nudge the yen, with a stronger figure mildly supportive of the currency and a weaker one mildly negative for it. It ranks low for market impact, since the flash carries the news.

What a higher or lower Japan Manufacturing PMI means for the JPY

A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the JPY.

Higher than forecast

An actual above the 50.8 forecast is typically bullish for the JPY.

Lower than forecast

An actual below the 50.8 forecast is typically bearish for the JPY.

Release history

Every release of Japan Manufacturing PMI: actual vs forecast and the beat/miss outcome. Click a date for the full read of that release.

ReleaseActualForecastPreviousOutcome
Jun 1, 2026 · May54.554.554.5inline
May 1, 2026 · Apr55.154.951.6above
Apr 1, 2026 · Mar51.651.451.4above
Mar 2, 2026 · Feb53.052.851.5above
Feb 2, 2026 · Jan51.551.551.5inline

Frequently asked questions

What is Japan Manufacturing PMI?
This is the final reading of the monthly survey of Japanese factory purchasing managers, confirming the earlier flash estimate. A reading above 50 means manufacturing is expanding and below 50 contracting. Because the flash already delivered the signal, this version usually only confirms it. The survey was once published under a different name before the current sponsor took over.
What was the latest Japan Manufacturing PMI reading?
The most recent release (Jun 1, 2026, May) came in at 54.5, versus a forecast of 54.5 and a previous 54.5 — in line with expectations.
When is the next Japan Manufacturing PMI?
The next Japan Manufacturing PMI is scheduled for Jul 1, 2026. It is released monthly.
What happens to the JPY if Japan Manufacturing PMI is higher than expected?
An actual reading above the consensus forecast is typically bullish for the JPY, while a reading below forecast is bearish for the JPY. A stronger-than-expected reading points to a more resilient economy or higher-for-longer rates, which tends to draw capital into the JPY.
How does Japan Manufacturing PMI affect the JPY?
As the final reading, arriving after the flash has been digested, the reaction is usually small. A notable revision can still nudge the yen, with a stronger figure mildly supportive of the currency and a weaker one mildly negative for it. It ranks low for market impact, since the flash carries the news.

Other releases

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