Japan Core Machinery Orders for November +1.5% m/m (expected -6.5%)

Author: Eamonn Sheridan | Category: News

Japan Core Machinery Orders give a heads up as a capex indicator for Japan in the months ahead, around 6 to 9 months out. 

Having said that it is a volatile series. 

Japan Core Machinery Orders for November come in at +1.5% m/m and -11.3% y/y 
  • expected -6.5%, prior +17.1% m/m
  • expected -15.3%, prior +2.8% y/y


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