The typical/expected market impact of this event is low.
The consensus forecast for Jibun Bank Services PMI is 51.8. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Jibun Bank Services PMI was 51.8.
Recent economic data has been strongly bullish for JPY. Other recent announcements which may affect the market's interpretation of the next Jibun Bank Services PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Tankan Large All Industry Capex | Bullish change | 3.3% | 11.5% | ||
| Tankan Large Manufacturing Index | Bullish change | 17 | 22 | ||
| Tankan Large Manufacturing Outlook | Bullish change | 14 | 17 | ||
| Unemployment Rate | (no change) | 2.5% | 2.5% | ||
| Large Retailer Sales | Bullish change | 2% | 5% | ||
| Retail Trade (YoY) | Bullish change | 2.8% | 5.3% | ||
| Retail Trade s.a (MoM) | Bearish change | 2.1% | 1.9% | ||
| Tokyo Consumer Price Index (YoY) | Bullish change | 1.4% | 1.7% | ||
| Tokyo CPI ex Food, Energy (YoY) | Bullish change | 1.6% | 1.9% | ||
| Tokyo CPI ex Fresh Food (YoY) | Bullish change | 1.3% | 1.6% | ||
| National Consumer Price Index (YoY) | Bullish change | 1.4% | 1.5% | ||
| National CPI ex Food, Energy (YoY) | Bearish change | 1.9% | 1.8% | ||
| National CPI ex Fresh Food (YoY) | (no change) | 1.4% | 1.4% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |