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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
JapanNikkei Services PMI fell to 51.7 in May 2019
Financial Modeling PrepMonthlyReleased June 2019
Nikkei Services PMI fell to 51.7 in May 2019, down 0.1 from April's 51.8 reading. The reading matched the 51.9 consensus. Nikkei Services PMI has now declined for 4 consecutive months. Over the past 3 months, Nikkei Services PMI averaged 51.9, vs 51.48 in the prior 3-month window. The reading is in the 50th percentile of the trailing 24-month range.
Latest Release
51.7
Actual
51.9
Consensus
51.8
Previous
The June 2019 reading fell from the previous value of 51.8. Historically, this indicator is negatively correlated with USD/JPY (Bullish JPY) and negatively correlated with EUR/JPY (Bullish JPY).
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Nikkei Services PMI - JP
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