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Japan Machinery Orders

Last Release
Mar 31, 2024
Actual
2.9
Units In
%
Previous
7.7
Frequency
Monthly
Next Release
Jun 16, 2024
Time to Release
25 Days 17 Hours
Highest
Lowest
Average
Date Range
Source
25.5
Oct 1996
-16.8
Sep 2018
0.28 %1987-2024N/A
In Japan, Machinery Orders refers to the month-over-month change of the private sector machinery orders, excluding volatile ones for ships and those from electric power companies.

Latest Updates

Japan's core machinery orders, which exclude those for ships and electric power companies, rose 2.9% month-on-month to 913 billion yen in March 2024, slowing from a 7.7% gain in February but defying market expectations for a 2.2% fall. The increase in capital spending was driven by a sharp gain in the manufacturing sector which jumped 19.4% to 473.1 billion yen, while the non-manufacturing sector dropped 11.3% to 448.6 billion yen. The highly volatile data series is considered as a leading indicator of capital spending in the coming six to nine months. On an annual basis, private-sector machinery orders increased 2.7% in March.

Japan Machinery Orders History

Last 12 readings

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