Core machinery orders in Japan, which exclude those for ships and from electric power companies, rebounded 1.7 percent month-over-month in May 2020 after declining 12 percent in the previous month, beating market expectations of a 5.4 percent drop. Demand was mainly dragged by non-manufacturing orders (17.7 percent vs -20.2 percent in April), as transportation activities rebounded a sharp 63.5 percent after plunging 61 percent in the previous month. Meanwhile, demand for manufactured products plummeted 15.5 percent (vs -2.6 percent in April), dragged mainly by business-oriented machinery (-30.9 percent vs 20.6 percent) and oil & coal products (-37.5 percent vs -20.1 percent). On a yearly basis, core machinery orders fell 16.3 percent after a 17.7 percent decline in April.

Machinery Orders in Japan averaged 0.24 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 August 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 5.00 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
1.70 -12.00 25.50 -16.80 1987 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-09 11:50 PM Machinery Orders YoY Apr -17.7% -0.7% -14% -16%
2020-06-09 11:50 PM Machinery Orders MoM Apr -12% -0.4% -8.6% -13.2%
2020-07-08 11:50 PM Machinery Orders MoM May 1.7% -12% -5.4% -5.5%
2020-07-08 11:50 PM Machinery Orders YoY May -16.3% -17.7% -17.1% -15%
2020-08-18 11:50 PM Machinery Orders MoM Jun 1.7% -15%
2020-09-11 11:50 PM Machinery Orders MoM Jul
2020-10-09 11:50 PM Machinery Orders MoM Aug
2020-11-10 11:50 PM Machinery Orders MoM Sep


News Stream
Japan Machinery Orders Rebound Modestly
Core machinery orders in Japan, which exclude those for ships and from electric power companies, rebounded 1.7 percent month-over-month in May 2020 after declining 12 percent in the previous month, beating market expectations of a 5.4 percent drop. Demand was mainly dragged by non-manufacturing orders (17.7 percent vs -20.2 percent in April), as transportation activities rebounded a sharp 63.5 percent after plunging 61 percent in the previous month. Meanwhile, demand for manufactured products plummeted 15.5 percent (vs -2.6 percent in April), dragged mainly by business-oriented machinery (-30.9 percent vs 20.6 percent) and oil & coal products (-37.5 percent vs -20.1 percent). On a yearly basis, core machinery orders fell 16.3 percent after a 17.7 percent decline in April.
2020-07-08
Japan Machinery Orders Fall More than Expected
Core machinery orders in Japan, which exclude those for ships and from electric power companies, plunged 12 percent month-over-month in April 2020 after declining 0.4 percent in the previous month, falling much more than market expectations of an 8.6 percent drop. Demand was mainly dragged by non-manufacturing orders (-20.2 percent vs 5.3 percent in March), as transportation activities plunged 61 percent after a sharp 82 percent increase in the previous month. Meanwhile, demand for manufactured products fell 2.6 percent (vs -8.2 percent in March), dragged mainly by textiles (-48.5 percent vs 39.2 percent) and non-ferrous metals (-46.2 percent vs -5.3 percent). On a yearly basis, core machinery orders plummeted 17.7 percent after a 0.7 percent decline in March.
2020-06-09
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
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.