• Core machinery orders in Japan climb 15.0% in January

Market news

14 March 2016

Core machinery orders in Japan climb 15.0% in January

Japan's Cabinet Office released its core machinery orders data on late Sunday evening. Core machinery orders in Japan climbed 15.0% in January, after a 4.2% rise in December. It was the slowest growth since 2008.

The total number of machinery orders climbed 14.3% in January from a month earlier.

Orders from non-manufacturers were up 1.0% in January, while orders from manufacturers soared 41.2%.

On a yearly basis, core machinery orders rose 8.4% in January, beating expectations for a 3.6% decrease, after a 3.6% drop in December.

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