November 16, 2022 00:13 GMT
Japan Sep Machine Orders Down On Manufacturing; -4.6% M/M
JAPAN DATA
MNI (Singapore)
DataHomepagemarkets-real-timeBank of Japan (BOJ) Market NewsData BulletBulletMarketsFixed Income NewsForeign Exchange News
- 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.
83 words