Home > Economic Indicators > Japan July machinery orders fall 0.1% m/m

Japan July machinery orders fall 0.1% m/m

2024/09/25 6

TOKYO (Reuters) – Japan’s core machinery orders unexpectedly fell 0.1% in July from the previous month, government data showed on Wednesday.

That compared with a 0.5% rise expected by economists in a Reuters poll.

© Reuters. FILE PHOTO: Businessmen walk past heavy machinery at a construction site in Tokyo's business district, Japan, January 16, 2017.    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, grew 8.7%, versus a forecast for a 4.2% growth, the Cabinet Office data showed.

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

About Cryptoopia

Cryptoopia is a global financial website that provides content on stock markets, cryptocurrencies, commodity investments, foreign exchange, and economics. Our motto is “One platform, global access”, meaning that our platform is accessible to everyone around the world. No matter where you are, you can access information and investment opportunities in the global financial markets through our platform. We are committed to providing convenient and comprehensive financial services to global investors, making your investment journey smoother and more accessible.