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

Core machinery orders in Japan, which exclude those of ships and electrical equipment, unexpectedly declined by 1.9 percent month-on-month in June 2017, following a 3.6 percent drop in May and missing market consensus of a 3.7 percent rise. It was the third straight month of decline in machinery orders, mainly due to a slump in manufacturing orders (-5.4 pct from +1 pct), as orders declined substantially for: non-ferrous metals (-33.4 pct from 53.6 pct); information & communication electronics (-26.8 pct from 17.9 pct); and other manufacturing (-14.1 pct from 12.5 pct). Partially offsetting this fall was a recovery in non-manufacturing orders (+0.8 pct from -5.1 pct in May), primarily due to: construction (+1.9 pct from -25.3 pct); transportation & postal activities (+14.1 pct from -21.7 pct); and telecommunications (+28.8 pct from -29.5 pct). Year-on-year, core machinery orders dropped by 5.2 percent, compared to a 0.6 percent rise in May, while the market expected a 1 percent fall. 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.