Economic Indicators

Japan August machinery orders fall 1.9% m/m, worse than expected

2024.10.15 20:20

TOKYO (Reuters) – Japan’s core machinery orders fell 1.9% in August from the previous month, government data showed on Wednesday.

That compared with a 0.1% decline expected by economists in a Reuters poll.

© Reuters. Japanese national flags flutter in front of buildings at Tokyo's business district in Japan, February 22, 2016.   REUTERS/Toru Hanai/File Photo

On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six to nine months, fell 3.4%, versus a forecast for a 3.6% growth, the Cabinet Office data showed.

For the full table, go to the website of the Cabinet Office:



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