Core machinery orders in Japan, which exclude those of ships and electrical equipment, rose 13.9 percent from a month earlier in June 2019, the biggest monthly gain since comparable data became available in 2005 and above market consensus of a 1.3 percent drop. There was a strong upturn in non-manufacturing orders (30.5 percent vs -9 percent in May), boosted by transportation & postal activities (91.4 percent vs -29.9 percent); real estate (97.3 percent vs -34.8 percent); and information services (19.2 percent vs -7.5 percent). In addition, manufacturing orders fell at much softer pace (-1.7 percent vs -7.4 percent), as the decline in orders softened for iron & steel (-2.1 percent vs -13.3 percent); while there was a rebound in demand for non-ferrous metals (126.5 percent vs -25.1 percent) and fabricated metal products (31 percent vs -25.8 percent). Year-on-year, core machinery orders grew unexpectedly by 12.5 percent, also beating market expectations of a 0.6 percent fall. Machinery Orders in Japan averaged 0.30 percent from 1987 until 2019, reaching an all time high of 25.50 percent in October of 1996 and a record low of -17 percent in September of 2018.

Machinery Orders in Japan is expected to be -1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Machinery Orders in Japan to stand at 0.50 in 12 months time. In the long-term, the Japan Machinery Orders is projected to trend around 0.20 percent in 2020, according to our econometric models.

Japan Machinery Orders
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-07 11:50 PM Machinery Orders MoM May -7.8% 5.2% -4.7% -4%
2019-07-07 11:50 PM Machinery Orders YoY May -3.7% 2.5% -3.9%
2019-08-13 11:50 PM Machinery Orders YoY Jun 12.5% -3.7% -0.6% -1.2%
2019-08-13 11:50 PM Machinery Orders MoM Jun 13.9% -7.8% -1.3% -2%
2019-09-11 11:50 PM Machinery Orders MoM Jul 13.9%
2019-09-11 11:50 PM Machinery Orders YoY Jul 12.5%
2019-10-09 11:50 PM Machinery Orders MoM Aug


Japan Business Last Previous Highest Lowest Unit
Business Confidence 7.00 12.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 49.40 49.30 56.20 29.60 [+]
Services Pmi 51.80 51.90 55.30 46.40 Index Points [+]
Industrial Production -3.80 -2.10 30.00 -37.20 percent [+]
Industrial Production Mom -3.30 2.00 6.80 -16.50 percent [+]
Manufacturing Production -3.80 -2.10 29.30 -37.20 percent [+]
Capacity Utilization 101.20 103.90 136.10 68.60 Index Points [+]
New Orders 1122.80 1020.55 1624.17 693.64 JPY Billion [+]
Machinery Orders 13.90 -7.80 25.50 -17.00 percent [+]
Changes in Inventories 2191.10 1837.80 7637.40 -6554.90 JPY Billion [+]
Bankruptcies 802.00 734.00 1965.00 6.00 Companies [+]
Corporate Profits 22244.02 19476.32 26401.12 43.24 JPY Billion [+]
Coincident Index 100.40 103.40 107.00 69.30 [+]
Economy Watchers Survey 41.20 44.00 57.50 18.90 [+]
Car Production 676431.00 699356.00 961994.00 249772.00 Units [+]
Car Registrations 258150.00 248056.00 585449.00 83044.00 [+]
Leading Economic Index 93.30 94.90 108.00 72.50 Index Points [+]
Small Business Sentiment -1.00 6.00 46.00 -60.00 [+]
Internet Speed 20171.96 19574.52 20171.96 6541.92 KBps [+]
IP Addresses 43689566.00 43995715.00 44977757.00 23570249.00 IP [+]
Machine Tool Orders 101268.00 98928.00 182860.00 19037.00 JPY Million [+]
Mining Production -7.60 -2.00 16.20 -16.10 percent [+]
Cement Production 4694.00 4775.00 9368.00 4218.00 Thousands of Tonnes [+]
All Industry Activity Index 106.70 106.40 108.70 94.20 Index Points [+]
Competitiveness Index 82.47 81.59 82.47 5.36 Points [+]
Competitiveness Rank 5.00 8.00 10.00 5.00 [+]
Composite Pmi 50.60 50.80 54.10 46.30 [+]
Corruption Index 73.00 73.00 80.00 58.00 Points [+]
Corruption Rank 18.00 20.00 25.00 14.00 [+]
Ease of Doing Business 39.00 34.00 39.00 13.00 [+]
Private Investment 6.10 5.70 12.80 -25.33 percent [+]
Non Manufacturing Pmi 23.00 21.00 57.00 -41.00 [+]
Reuters Tankan Index -4.00 3.00 39.00 -78.00 Index Points [+]
Tertiary Industry Index 106.90 107.00 107.20 73.20 Index Points [+]
Steel Production 8789.26 8675.70 10775.00 1177.00 Thousand Tonnes [+]


Japan Machinery Orders

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. Japan Machinery Orders - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
13.90 -7.80 25.50 -17.00 1987 - 2019 percent Monthly
SA




Country Last Previous
Japan 13.90 Jun/19


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