Japan October 2025 Manufacturing PMI Preliminary: Bullish for JPY

Market research firm Markit released the preliminary Manufacturing Purchasing Managers’ Index (PMI) for Japan for October on September 24, 2025. The reported figure was 48.4, with no forecast provided; the previous reading was also 48.4.Definition: The Manufacturing PMI primarily reflects companies’ assessments of current business conditions. Market impact: If the actual figure exceeds expectations, it is considered bullish for the Japanese yen.This indicator has a significance level of 2 and is calculated based on survey responses from manufacturing purchasing managers, measuring the diffusion of business activity. The data is released monthly, with the next publication scheduled for November 21, 2025.

this-content

disclaimer-th