Japan August machine tools orders y/y -37% vs -37.1% prior
latest data by Japanese Machine Tool Builders' Association
Delay in the release by the source. The reading measures the change in total value of new orders placed with Japanese machine tool manufacturers.
The overall outlook remains bleak as the annual pace of weakening continues to hold at the lows. This still won't provide much confidence to Japan's manufacturing sector amid weaker exports due to rising global trade tensions.