October 16, 2024 00:03 GMT
Japan Aug Machine Orders -1.9% M/M
JAPAN DATA
MNI (Singapore)
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- Japan's core machinery orders, excluding those for power generation equipment and ships, fell 1.9% m/m in August, dipping further from last 0.1% decrease, posting the second monthly fall in three months.
- Orders from manufacturing sectors, decreased 2.5%, improving from the previous 5.7% m/m drop.
- Orders from the non-manufacturing sector, fell 7.7% m/m, wiping off the previous 7.5% m/m increase.
- The outlook for the July-September period is for an increase of 0.2%, compared with the 0.1% decrease over the previous quarter.
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