Japan Machinery Orders

Machinery orders in Japan declined by 11.0 percent month-on-month in April of 2016, reversing from a 5.5 percent rise in March and missing market consensus of a 3.8 percent fall. Compared to a year earlier, machinery orders decreased by 8.2 percent, following a 3.2 percent increase in a month earlier and market estimates a 2.3 percent drop. Machinery Orders in Japan averaged 0.27 percent from 1987 until 2016, reaching an all time high of 25.50 percent in October of 1996 and a record low of -16.40 percent in May of 2014. Machinery Orders in Japan is reported by the Cabinet Office, Japan. In Japan, Machinery Orders refers to the month-over-month change of the private sector machinery orders, excluding volatile ones for ships and those from electric power companies. This page provides the latest reported value for – Japan Machinery Orders – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.