Core machinery orders in Japan, which exclude those for ships and from electric power companies, declined 4.4 percent month-over-month in September of 2020 after rising 0.2 percent in the previous month, and compared to market expectations of a 0.7 percent fall. It was the sharpest decrease in four months. On a yearly basis, core machinery orders fell 11.5 percent after a 15.2 percent decline in August and compared to market expectations of an 11.6 percent drop. source: Cabinet Office, Japan

Machinery Orders in Japan averaged 0.23 percent from 1987 until 2020, reaching an all time high of 25.50 percent in October of 1996 and a record low of -16.80 percent in September of 2018. 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Machinery Orders in Japan is expected to be 1.20 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 2.90 in 12 months time. In the long-term, the Japan Machinery Orders is projected to trend around 0.20 percent in 2021, according to our econometric models.

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Japan Machinery Orders

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 0.20 25.50 -16.80 1987 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-11 11:50 PM Machinery Orders YoY Aug -15.2% -16.2% -15.6% -15%
2020-10-11 11:50 PM Machinery Orders MoM Aug 0.2% 6.3% -1% -1.5%
2020-11-11 11:50 PM Machinery Orders YoY Sep -11.5% -15.2% -11.6% -11.6%
2020-11-11 11:50 PM Machinery Orders MoM Sep -4.4% 0.2% -0.7% -1%
2020-12-08 11:50 PM Machinery Orders MoM Oct -4.4%
2020-12-08 11:50 PM Machinery Orders YoY Oct -11.5%
2021-01-15 11:50 PM Machinery Orders YoY Nov
2021-01-15 11:50 PM Machinery Orders MoM Nov
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News Stream
Japan Machinery Orders Sink More than Expected
Core machinery orders in Japan, which exclude those for ships and from electric power companies, declined 4.4 percent month-over-month in September of 2020 after rising 0.2 percent in the previous month, and compared to market expectations of a 0.7 percent fall. It was the sharpest decrease in four months. On a yearly basis, core machinery orders fell 11.5 percent after a 15.2 percent decline in August and compared to market expectations of an 11.6 percent drop.
2020-11-12
Japan Machinery Orders Unexpectedly Rise
Core machinery orders in Japan, which exclude those for ships and from electric power companies, rose 0.2 percent month-over-month in August of 2020 after rising 6.3 percent in the previous month, and beating market expectations of a 1.0 percent decline. Growth was mainly boosted by petroleum & coal products (65.7 percent vs 27.1 percent) and non-ferrous metals (62.4 percent vs -7.3 percent). On a yearly basis, core machinery orders fell 15.2 percent after a 16.2 percent decline in July.
2020-10-12
Japan Machinery Orders Rebound in July
Machinery orders in Japan excluding volatile orders climbed 6.3 percent in July on a seasonally-adjusted basis after dropping 7.6 percent in June. Manufacturing orders rose by 5 percent, slowing from a 5.6 percent increase in the previous month mainly affected by a 21.2 percent decline in foods & beverages. Meanwhile, non-manufacturing orders increased by 3.4 percent after declining 10.4 percent. On an annual basis, machinery orders declined 16.2 percent after plunging 22.5 percent in the previous month and compared to expectations of an 18.3 percent decrease.
2020-09-10
Japan Machinery Orders Unexpectedly Decline
Core machinery orders in Japan, which exclude those for ships and from electric power companies, fell a sharp 7.6 percent month-over-month in June 2020 after rebounding a modest 1.7 percent in the previous month, missing market expectations of a 2 percent increase. Demand was mainly dragged by non-manufacturing orders (-10.4 percent vs 17.7 percent in May), as transportation activities decreased 23.7 percent. In contrast, manufacturing orders rebounded 5.6 percent after plugging 15.5 percent. On a yearly basis, core machinery orders fell 22.5 percent after a 16.3 percent decline in May.
2020-08-19

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.