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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan S&P Global Composite PMI climbed to 53.1 Points in June 2026
FMPMonthlyReleased July 2026
Japan S&P Global Composite PMI climbed to 53.1 Points in June 2026, released July 2026, up 0.3 Points from May's 52.8 Points reading. The reading matched the 52.8 Points consensus.
Latest Release
53.100000
Actual
52.800000
Consensus
52.800000
Previous
Median Absolute Error
±0.31
across last 12 releases
Last Call
Jul 2026
Predicted: 52.97
Actual: 53.1
Error: -0.13
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Nikkei 225 | ▼ Inverse | −0.62 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.40 | INDEX | Moves against | → View |
| Hang Seng | ▼ Inverse | −0.37 | INDEX | Moves against | → View |
| GBP/JPY | ▲ Direct | +0.37 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.32 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
S&P Global Composite PMI (Japan) was reported at 53.10 Points in June 2026. This beat the market consensus of 52.80 Points by 0.30 Points. The reading rose from the previous value of 52.80 Points. Over the past 12 months, the indicator has averaged 52.11 Points, ranging from 51.10 Points to 53.90 Points across 15 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 52.23 Points, up from the prior three at 52.20 Points.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with Nikkei 225 (Bearish Nikkei 225). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.31 Points.
WHAT TO WATCH NEXT
The next release is scheduled for August 21, 2026. Same-country events in the next 14 days include CFTC JPY speculative net positions (Jul 31) and BoJ Monetary Policy Meeting Minutes (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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S&P Global Composite PMI - JP
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About S&P Global Composite PMI — Japan
DEFINITION
The S&P Global Composite PMI is a widely recognized financial indicator that measures the overall economic health of a country by combining the manufacturing and services sectors. It provides valuable insights into the current state of the economy, as well as future trends, and is used by investors, policymakers, and businesses to make informed decisions. With its comprehensive and timely data, the S&P Global Composite PMI is a crucial tool for understanding the performance of the global economy.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 53.1 Points, consensus 52.8 Points. Prior reading (Jun 2026): 52.5 Points. Before that (May 2026): 51.1 Points.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Nikkei 225 (Bearish Nikkei 225, r=-0.62) — a useful reference for index-focused traders.
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Economic Calendar - JP Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 05:00 | JP | Consumer Confidence | 34.9 | 33.8 | 34.2 | 34.55 | High |
| 23:30 | JP | Unemployment Rate | 2.5 | 2.5 | 2.5 | 2.50 | Medium |
| 23:30 | JP | Core CPI YoY | 1.9 | 1.6 | 1.7 | 1.80 | Low |
| 23:30 | JP | Jobs/applications ratio | 1.18 | 1.17 | 1.17 | 1.17 | Low |
| 23:30 | JP | CPI YoY | 2 | 1.9 | 2 | 2.00 | Low |
| 23:50 | JP | Retail Sales YoY | 0.5 | 5 | 3.1 | 1.80 | Medium |
| 23:50 | JP | Industrial Production MoM | 1.3 | 0.1 | 0.7 | 1.00 | Medium |
| 23:50 | JP | Retail Sales MoM | -4.1 | 1.7 | -0.5 | -2.30 | Low |
| 23:50 | JP | Industrial Production YoY | 4.2 | -2.1 | 1.8 | 3.00 | Low |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 03:00 | JP | BoJ Interest Rate Decision | 1 | 1 | 1 | 1.00 | High |
| 05:00 | JP | Housing Starts YoY | 18.6 | 33.9 | 12.8 | 15.70 | Medium |
| 05:00 | JP | Construction Orders YoY | 2.3 | -6.7 | -7 | -2.35 | Low |