Japan December preliminary machine tool orders -33.6% vs -37.9% y/y prior

Author: Justin Low | Category: News

Latest data released by the Japanese Machine Tool Builders' Association


The release is a little earlier-than-expected. In monthly terms, there was a bit of a rebound in both domestic and foreign orders but overall conditions remain abysmal - as can be seen in the annual estimate above.

The reading measures the change in total value of new orders placed with Japanese machine tool manufacturers.
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