Japan Core Machinery Orders for August -2.4% m/m (expected 1.7%)

Author: Eamonn Sheridan | Category: News

Japan Core Machinery Orders is used as a capex indicator in the months ahead.

For August, -2.4% m/m 
  • expected 1.7%, prior 0.9% m/m 
and +17.0% y/y 
  • expected 14.7%, prior 11.1% y/y
The commentary accompanying the release from the Japanese government says the recovery in machinery orders is stalling. Cuts its assessment. 

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