Core machinery orders in Japan, which exclude those for ships and from electric power companies, rose by 0.9 percent month-over-month in July of 2021, compared with market expectations of a 3.1 percent gain and reversing from a 1.5 percent fall a month earlier. Manufacturing orders grew the most since April, amid an acceleration in COVID-19 vaccinations (6.7 percent vs 3.6 percent in June), supported by electrical machinery (33.5 percent) and shipbuilding (57.4 percent). In contrast, non-manufacturing orders fell for the first time in three months (-9.5 percent vs 3.8 percent), dragged down by mining, quarrying; construction, and wholesale and retail trade. On a yearly basis, core machinery orders increased by 11.1 percent in June, the fourth straight month of annual gain, compared with forecasts of 15.7 percent and after a 18.6 percent gain in May. source: Cabinet Office, Japan

Machinery Orders in Japan averaged 0.27 percent from 1987 until 2021, 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 September of 2021.

Machinery Orders in Japan is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Machinery Orders is projected to trend around 0.20 percent in 2022, according to our econometric models.

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Japan Machinery Orders

Actual Previous Highest Lowest Dates Unit Frequency
0.90 -1.50 25.50 -16.80 1987 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-08-17 11:50 PM Machinery Orders YoY Jun 18.6% 12.2% 15.8% 15.5%
2021-08-17 11:50 PM Machinery Orders MoM Jun -1.5% 7.8% -2.8% -3%
2021-09-14 11:50 PM Machinery Orders YoY Jul 11.1% 18.6% 15.7% 16%
2021-09-14 11:50 PM Machinery Orders MoM Jul 0.9% -1.5% 3.1% 2.9%
2021-10-12 11:50 PM Machinery Orders MoM Aug 0.9%
2021-10-12 11:50 PM Machinery Orders YoY Aug 11.1%
2021-11-11 11:50 PM Machinery Orders YoY Sep
2021-11-11 11:50 PM Machinery Orders MoM Sep


News Stream
Japan Machinery Orders Rebound Less than Expected
Core machinery orders in Japan, which exclude those for ships and from electric power companies, rose by 0.9 percent month-over-month in July of 2021, compared with market expectations of a 3.1 percent gain and reversing from a 1.5 percent fall a month earlier. Manufacturing orders grew the most since April, amid an acceleration in COVID-19 vaccinations (6.7 percent vs 3.6 percent in June), supported by electrical machinery (33.5 percent) and shipbuilding (57.4 percent). In contrast, non-manufacturing orders fell for the first time in three months (-9.5 percent vs 3.8 percent), dragged down by mining, quarrying; construction, and wholesale and retail trade. On a yearly basis, core machinery orders increased by 11.1 percent in June, the fourth straight month of annual gain, compared with forecasts of 15.7 percent and after a 18.6 percent gain in May.
2021-09-15
Japan Machinery Orders Fall for 1st Time in 4 Months
Core machinery orders in Japan, which exclude those for ships and from electric power companies, dropped by 1.5 percent month-over-month in June of 2021, compared with market expectations of a 2.8 percent fall and after a 7.8 percent growth a month earlier. This was the first decline in machinery orders since February, amid prolonged COVID-19 restrictions. Non-manufacturing orders slowed sharply (3.8 percent vs 10 percent in May), dragged down by other non-manufacturers and telecommunications. Meantime, manufacturing orders grew faster (3.6 percent vs 2.8 percent), boosted by non-ferrous metals (168.6 percent) and information and communications. On a yearly basis, core machinery orders jumped 18.6 percent in June, the third straight month of annual gain, beating forecasts of 15.8 percent and after a 12.2 percent gain in May.
2021-08-18
Japan Machinery Orders Rise More than Estimated
Core machinery orders in Japan, which exclude those for ships and from electric power companies, rose by 7.8 percent month-over-month in May of 2021, easily beating market expectations of a 2.6 percent gain and after a 0.6 percent growth a month earlier. This was the third straight month of increase in machinery orders, amid a further rise in manufacturing orders (2.8 percent vs 10.9 percent in April), boosted by electrical machinery; and a rebound in non-manufacturing orders (10 percent vs -11 percent), led by other non-manufacturers and telecommunications. On a yearly basis, core machinery orders jumped 12.2 percent in May, well above forecasts of a 6.3 percent rise and after a 6.5 percent gain in April.
2021-07-11
Japan Machinery Orders Rise Less than Estimated
Core machinery orders in Japan, which exclude those for ships and from electric power companies, rose by 0.6 percent month-over-month in April of 2021, compared with market expectations of a 2.7 percent gain and after a 3.7 growth a month earlier. This was the second straight month of increase in machinery orders, mainly supported by a rise in manufacturing orders (10.9 percent vs -0.1 percent). Meantime, non-manufacturing orders fell 11 percent after expanding 9.5 percent in March. On a yearly basis, core machinery orders went up 6.5 percent in April, compared with forecasts of an 8 percent rise and after a 2 percent decline in March.
2021-06-16

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.