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JPY, Japanese Yen

Core Machinery Orders m/m

Country: Japan
Sector: Business
Low 8.0% 1.7%
-1.9%
Last release Importance Actual Forecast
Previous
-1.3%
8.0%
Next release Actual Forecast
Previous

Core Machinery Orders m/m measure the volume of new orders received by Japanese machinery companies in a given month compared to the previous month. Shipbuilding and energy complex enterprises are excluded from the calculation due to the high volatility of orders for their products.

The indicator demonstrates growth of domestic demand for durable goods and means of production. Therefore, the current value above expectations is seen as positive for the yen.

Chart

History

Export
Date (GMT)
Reference
Actual
Forecast
Previous
Jul 2017
8.0%
1.7%
-1.9%
Jun 2017
-1.9%
-3.6%
May 2017
-3.6%
-3.1%
Apr 2017
-3.1%
1.4%
Mar 2017
1.4%
1.5%
Feb 2017
1.5%
-3.2%
Jan 2017
-3.2%
6.7%
Dec 2016
6.7%
-5.1%
Nov 2016
-5.1%
4.1%
Oct 2016
4.1%
-3.3%