The au Jibun Bank Japan Services PMI was revised higher to 51.7 in June 2025, up from 51.5 in the preliminary estimate and following a final reading of 51.0 in May. This marked the third consecutive month of expansion in the services sector, supported by a faster rise in new orders and a modest increase in overseas sales, though the softest growth in 2025 so far. Firms continued to expand their workforce, and backlogs of work accumulated. Though modest, the latest increase in employment was the most marked since January. On the price front, input cost inflation eased to a six-month low. Meanwhile, output prices increased as firms passed on expenses to clients, marking the most pronounced rise in 14 months. Looking ahead, business sentiment improved to a four-month high and rose above the series average, supported by forecasts of higher activity, staff hiring, and the rollout of new products. source: S&P Global

Services PMI in Japan increased to 51.70 points in June from 51 points in May of 2025. Services PMI in Japan averaged 50.47 points from 2013 until 2025, reaching an all time high of 55.90 points in May of 2023 and a record low of 21.50 points in April of 2020. This page provides the latest reported value for - Japan Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Services PMI in Japan increased to 51.70 points in June from 51 points in May of 2025. Services PMI in Japan is expected to be 51.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Services PMI is projected to trend around 51.00 points in 2026 and 51.30 points in 2027, according to our econometric models.



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Japan Services PMI
The au Jibun Bank Japan Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The headline figure is the Services Business Activity Index. This is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Japan Services PMI Revised Upward
The au Jibun Bank Japan Services PMI was revised higher to 51.7 in June 2025, up from 51.5 in the preliminary estimate and following a final reading of 51.0 in May. This marked the third consecutive month of expansion in the services sector, supported by a faster rise in new orders and a modest increase in overseas sales, though the softest growth in 2025 so far. Firms continued to expand their workforce, and backlogs of work accumulated. Though modest, the latest increase in employment was the most marked since January. On the price front, input cost inflation eased to a six-month low. Meanwhile, output prices increased as firms passed on expenses to clients, marking the most pronounced rise in 14 months. Looking ahead, business sentiment improved to a four-month high and rose above the series average, supported by forecasts of higher activity, staff hiring, and the rollout of new products.
2025-07-03
Japan Services Sector Rises for 3rd Month
The au Jibun Bank Japan Services PMI rose to 51.5 in June 2025 from a final 51.0 in May, according to a flash estimate. It marked the third consecutive month of expansion in the services sector, supported by a quicker rise in new orders and a modest increase in overseas sales. Firms continued to expand their workforce, and backlogs of work accumulated. On the inflation front, input costs rose at the slowest pace in 15 months but remained elevated, while output prices increased at the fastest rate since January. Lastly, business sentiment softened slightly, staying notably weaker than the average recorded throughout 2024.
2025-06-23
Japan Services PMI Revised Upward
The au Jibun Bank Japan Services PMI was revised higher to 51.0 in May 2025 from 50.8 in the preliminary estimates. However, the latest result remained below 52.4 in April, signaling a second consecutive expansion in services activity, though the pace of growth slowed amid weakening client demand and uncertainty over the future trade environment due to rising US tariffs. New orders rose at a softer pace, while foreign sales expanded at the weakest rate in five months. Meanwhile, employment growth eased to a 17-month low, and backlogs of work accumulated at the slowest rate in three months. On the inflation front, input cost inflation eased from April’s 26-month high but remained historically elevated overall. As a result, service providers raised their average output charges again—and at a solid pace. Finally, business sentiment improved to a three-month high from its lowest level in over four years in April, due to hopes of stronger demand conditions.
2025-06-04