Japan Machinery Orders  1987-2017 | Data | Chart | Calendar | Forecast

Core machinery orders in Japan, which exclude those of ships and electrical equipment, rose 3.4 percent month-on-month in August 2017, following a 8.0 percent gain in the prior month and beating market consensus of a 1.1 percent rise. It was the second straight month of growth in machinery orders, as manufacturing orders surged (16.1 pct from 2.9 pct in July), boosted by iron and steel (83.0 pct vs -39.8 pct); foods and beverages (72.8 pct vs 5.7 pct); textile (32.1 pct vs -79.2 pct); chemical (16.7 pct vs 1.3 pct); ceramic, stone (62.4 pct vs 2.6 pct); non-ferrous metals (31.0 pct vs 189.7 pct); and general-purpose and production machinery (23.1 pct vs -8.6 pct). In addition, non-manufacturing orders went up further (3.1 pct vs 4.8 pct in July), led by orders for boilers and turbines. Year-on-year, core machinery orders went up by 4.4 percent, compared to a 7.5 percent fall in July and way above expectations of a 0.8 percent growth. Machinery Orders in Japan averaged 0.28 percent from 1987 until 2017, reaching an all time high of 25.50 percent in October of 1996 and a record low of -15.80 percent in October of 1992.