• Core machinery orders in Japan jump 5.5% in March

Market news

19 May 2016

Core machinery orders in Japan jump 5.5% in March

Japan's Cabinet Office released its core machinery orders data on late Wednesday evening. Core machinery orders in Japan jumped 5.5% in March, beating expectations for a 0.5% increase, after a 9.2% drop in February.

The total number of machinery orders climbed 2.0% in March from a month earlier.

Orders from non-manufacturers were down 6.9% in March, while orders from manufacturers jumped 19.7%.

On a yearly basis, core machinery orders climbed 3.2% in March, beating expectations for a 0.8% rise, after a 0.7% decrease in February.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.