The data point is used as a capex indicator for Japan in the months ahead

Core Machinery Orders for August +0.2% m/m

  • expected -1.0%, prior 6.3% m/m

-15.2% y/y

  • expected -15.6%, prior -16.2% y/y

Bank lending for September out at the same time.

  • +6.4% y/y inclusive of trusts lending (vs. +6.7% prior)
  • +6.2% y/y exclusive of trusts lending (vs. +6.6% prior)