Japan - Core Machinery Orders for September: -2.9% m/m (expected 0.9%)

Author: Eamonn Sheridan | Category: News

This economic indicator is used as a guide to business capital expenditure in the months ahead (around 6 to 9 months out)

Comes in at:
-2.9 % m/m
  • expected 0.9%, prior -2.4%
+5.1 % y/y 
  • expected 8.1%, prior -14.5%
Miss for this data point. The Japanese government have thus cut their assessment for machinery orders. 

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