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Japan May Machine Orders -5.6% M/M; 1st drop In 3 Mths

JAPAN DATA
MNI (Singapore)
  • Japan's core machinery orders, excluding those for power generation equipment and ships, fell 5.6% m/m in May, far below the previous 10.8% m/m increase, marking the first drop in three months.
  • Orders from non-manufacturing sectors dropped 4.1% m/m, shrinking from last 8.9% m/m increase.
  • Orders from the manufacturing sector, decreased 9.8% m/m, converting the 10.3% m/m gain in April.
  • The outlook for the April-June period is for a fall of 8.1%, compared with the 3.6% decrease over the previous quarter.
DataHomepagemarkets-real-timeBank of Japan (BOJ) Market NewsData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
DataHomepagemarkets-real-timeBank of Japan (BOJ) Market NewsData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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