Core machinery orders in Japan, which exclude those for ships and from electric power companies, decreased 0.4 percent month-over-month in March 2020, soundly beating market consensus of a 7.1 percent fall and following a 2.3 percent rise. Growth was mainly boosted by non-manufacturing orders (5.3 percent vs 5 percent in February), as transportation activities rebounded a sharp 82 percent (vs -9.4 percent) and telecommunications 25.2 percent (vs -16.2 percent). Meanwhile, demand for manufactured products plunged 8.2 percent (vs -1.7 percent in February), dragged mainly by automobiles (-28.4 percent vs -3.4 percent) and electrical machinery (-24.4 percent vs -1.1 percent). On a yearly basis, core machinery orders fell 0.7 percent, following a 2.4 percent drop in February.

Machinery Orders in Japan averaged 0.27 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 June of 2020. source: Cabinet Office, Japan

Machinery Orders in Japan is expected to be 0.50 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 0.20 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
-0.40 2.30 25.50 -16.80 1987 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-07 11:50 PM Machinery Orders MoM Feb 2.3% 2.9% -2.7% -3.0%
2020-04-07 11:50 PM Machinery Orders YoY Feb -2.4% -0.3% -2.9% -3.6%
2020-05-19 11:50 PM Machinery Orders YoY Mar -0.7% -2.4% -9.5% -8.8%
2020-05-19 11:50 PM Machinery Orders MoM Mar -0.4% 2.3% -7.1% -6.7%
2020-06-09 11:50 PM Machinery Orders MoM Apr -0.4% -8.6% -13.2%
2020-07-08 11:50 PM Machinery Orders MoM May
2020-08-18 11:50 PM Machinery Orders MoM Jun 0.5%
2020-09-11 11:50 PM Machinery Orders MoM Jul
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News Stream
Japan Machinery Orders Fall Less than Expected
Core machinery orders in Japan, which exclude those for ships and from electric power companies, decreased 0.4 percent month-over-month in March 2020, soundly beating market consensus of a 7.1 percent fall and following a 2.3 percent rise. Growth was mainly boosted by non-manufacturing orders (5.3 percent vs 5 percent in February), as transportation activities rebounded a sharp 82 percent (vs -9.4 percent) and telecommunications 25.2 percent (vs -16.2 percent). Meanwhile, demand for manufactured products plunged 8.2 percent (vs -1.7 percent in February), dragged mainly by automobiles (-28.4 percent vs -3.4 percent) and electrical machinery (-24.4 percent vs -1.1 percent). On a yearly basis, core machinery orders fell 0.7 percent, following a 2.4 percent drop in February.
2020-05-19
Japan Machinery Orders Top Consensus
Core machinery orders in Japan, which exclude those for ships and from electric power companies, increased 2.3 percent month-over-month in February 2020, soundly beating market consensus of a 2.7 percent fall and following a 2.9 percent rise. Growth was mainly boosted by non-manufacturing orders (5.0 percent vs -1.7 percent) in several sectors including wholesale & retail trade, real estate, finance & insurance, construction and agriculture, forestry & fishing. Meanwhile, demand for manufactured products declined (-1.7 percent vs 4.6 percent) led by chemicals, ceramic, stone & clay products, iron & steel and textile mill products. On a yearly basis, core machinery orders fell 2.4 percent, following a 0.3 percent drop in January.
2020-04-08
Japan Machinery Orders Unexpectedly Rebound in January
Core machinery orders in Japan, which exclude those of ships and electrical equipment, increased 2.9 percent month-over-month in January 2020, beating market consensus of a 1.6 percent fall and rebounding from a downwardly revised 11.9 percent decline in December. The rise was mainly boosted by manufacturing orders (4.6% vs 2.4% in December), in particular foods and beverages (47.1% vs -18.3%), pulp and paper products (58.5% vs 9.8%), chemicals (56.2% vs 12.2%), ceramic, stone and clay products (15.8% vs 10%), non-ferrous metals (77.9% vs -6.6%), electrical machinery (23.9% vs 17.4), and automobile (8.9% vs -9.1%). Also, non-manufacturing orders fell at a softer pace (-5.1% vs -9.1%), of which construction (-3.7% vs -12.1%), transportation and postal activities (-26.2% vs -26.6%), and finance and insurance (-13.2% vs -20.3%). On a yearly basis, core machinery orders fell 0.3 percent, following a 3.5 percent drop in December.
2020-03-15
Japan Machinery Orders Plunge the Most in 1-1/2-Year
Core machinery orders in Japan, which exclude those of ships and electrical equipment, plummeted 12.5% mom in December of 2019 following an 18% jump in November and compared with expectations of a 9% decline. It is the biggest annual fall in core machinery orders since September of 2018 as mounting recession fears keep being fed by weak macro data, higher taxes and trade policy uncertainty. The drop was mainly explained by a 23.9% decline in food & beverages (vs a 33.3% rise in November). Also, textiles fell 9.8% after growing 5.6%; iron & steel tumbled 22.9% after climbing 55.8%; and autos, parts and accessories went down 9.4% after rising 5.1%. In contrast, oil & coal products soared 69.8% after plunging 60.5%. Year-on-year, core machinery orders contracted 3.5%, after rising 5.3% in the previous month. In Q1 2020, core machinery orders are expected to fall by 5.2% from the previous quarter.
2020-02-18

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.