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Japan Sep Machine Orders Down On Manufacturing; -4.6% M/M

JAPAN DATA
MNI (Singapore)
  • Japan's core machinery orders, excluding those for power generation equipment and ships, fell 4.6% m/m in September, following the previous 5.8% m/m drop, posting the second fall in three months.
  • Orders from manufacturing sectors, the main factor dragging down the index, plunged 8.5% m/m, wiping off last 10.2% m/m increase.
  • Orders from the non-manufacturing sector, increased 4.4% m/m, up from 21.4% m/m decrease in August.
  • The outlook for the October-December period is for a rise of 3.6%, compared with the 1.6% decrease over the previous quarter.
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  • Japan's core machinery orders, excluding those for power generation equipment and ships, fell 4.6% m/m in September, following the previous 5.8% m/m drop, posting the second fall in three months.
  • Orders from manufacturing sectors, the main factor dragging down the index, plunged 8.5% m/m, wiping off last 10.2% m/m increase.
  • Orders from the non-manufacturing sector, increased 4.4% m/m, up from 21.4% m/m decrease in August.
  • The outlook for the October-December period is for a rise of 3.6%, compared with the 1.6% decrease over the previous quarter.