Core Machinery Orders y/y reflect the volume of new orders received by Japanese machinery companies in a given month compared to the same month of the previous year. Shipbuilding and energy complex enterprises are excluded from the calculation due to the high volatility of orders for their products.
The chart of the entire available history of the "Japan Core Machinery Orders y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.