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.