Consumer Price Index: Health (COICOP 06): Total for Japan

Monthly

JPNCP060000GPM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

2/1/1970 - 6/1/2021

Summary

The Monthly trend measures the global purchasing managers' index (PMI) for Japan's manufacturing sector. This key indicator provides insight into the health and direction of Japan's industrial economy.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The Monthly PMI is a survey-based composite index that tracks changes in manufacturing production, new orders, employment, inventories, and supplier deliveries. It is a widely followed indicator of manufacturing activity and economic conditions.

Methodology

The data is collected through surveys of purchasing managers at manufacturing firms and calculated based on a standardized methodology.

Historical Context

The Monthly PMI is closely watched by economists, policymakers, and market participants as a leading indicator of Japan's economic performance.

Key Facts

  • PMI values above 50 indicate expansion, while values below 50 signal contraction.
  • Japan's Monthly PMI is a leading indicator of the country's industrial output and exports.
  • The PMI is a closely watched metric by both private and public sector economists.

FAQs

Q: What does this economic trend measure?

A: The Monthly trend measures the global purchasing managers' index (PMI) for Japan's manufacturing sector, providing insight into the health and direction of the country's industrial economy.

Q: Why is this trend relevant for users or analysts?

A: The Monthly PMI is a widely followed indicator of manufacturing activity and economic conditions, closely watched by economists, policymakers, and market participants as a leading indicator of Japan's economic performance.

Q: How is this data collected or calculated?

A: The data is collected through surveys of purchasing managers at manufacturing firms and calculated based on a standardized methodology.

Q: How is this trend used in economic policy?

A: The Monthly PMI is used by economists, policymakers, and market participants to assess the health and direction of Japan's industrial economy and inform economic policy decisions.

Q: Are there update delays or limitations?

A: The Monthly PMI data is released in a timely manner, with minimal update delays, and provides a comprehensive snapshot of Japan's manufacturing sector.

Related Trends

Citation

U.S. Federal Reserve, Monthly (JPNCP060000GPM), retrieved from FRED.