August 19, 2024 02:14 GMT
Japan Jun Machine Orders 2.1% M/M
JAPAN DATA
MNI (Singapore)
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- Japan's core machinery orders, excluding those for power generation equipment and ships, rose 2.1% m/m in June, picking up from last 3.2% fall, posting the first monthly rise in three months.
- Orders from manufacturing sectors, decreased 0.3% m/m, falling from the increase of 1.0% m/m made in May.
- Orders from the non-manufacturing sector, rose 2.4% m/m, largely up from the previous 7.5% m/m drop.
- 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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