Machine Tool Orders in Japan increased to 89969 JPY Million in December from 81669 JPY Million in November of 2019. Machine Tool Orders in Japan averaged 88842.37 JPY Million from 1983 until 2019, reaching an all time high of 182860 JPY Million in March of 2018 and a record low of 19037 JPY Million in January of 2009. source: Japan Machine Tool Builders' Association (JMTBA)
Machine Tool Orders in Japan is expected to be 108450.00 JPY Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Machine Tool Orders in Japan to stand at 107950.00 in 12 months time. In the long-term, the Japan Machine Tool Orders is projected to trend around 116150.00 JPY Million in 2020, according to our econometric models.