Free Trial

JAPAN DATA: Japan October Machine Orders +2.1% M/M

JAPAN DATA
  • Japan's core machinery orders, excluding those for power generation equipment and ships, rose 2.1% m/m in October, up from last 0.7% decrease, posting the first monthly rise in four months.
  • Orders from manufacturing sectors, surged 12.5%, increasing from the previous 0.0% m/m reading.
  • Orders from the non-manufacturing sector, fell 1.2% m/m, down from the previous 1.5% m/m increase.
  • The outlook for the October-December period is for an increase of 5.7%, compared with the 1.3% decrease over the previous quarter.
76 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Japan's core machinery orders, excluding those for power generation equipment and ships, rose 2.1% m/m in October, up from last 0.7% decrease, posting the first monthly rise in four months.
  • Orders from manufacturing sectors, surged 12.5%, increasing from the previous 0.0% m/m reading.
  • Orders from the non-manufacturing sector, fell 1.2% m/m, down from the previous 1.5% m/m increase.
  • The outlook for the October-December period is for an increase of 5.7%, compared with the 1.3% decrease over the previous quarter.