Core machinery orders in Japan, which exclude those of ships and electrical equipment, declined 6.6 percent from a month earlier in July 2019, compared to market consensus of a 9.9 percent drop. Non-manufacturing orders fell a sharp 15.6 percent after surging 30.5 percent in the previous month. Meanwhile, manufacturing orders rebounded 5.4 percent after declining 1.7 percent, as food & beverages rebounded 32.1 percent after a 5.8 percent fall, and iron & steel rebounded 22.7 percent after a 2.1 percent drop. In contrast, textiles decreased 12.9 percent, but fell at a much softer pace compared to the 49.2 percent plunge recorded in June. Year-on-year, core machinery orders edged up 0.3 percent after unexpectedly rising by 12.5 percent, once again beating market expectations of a 4.5 percent fall. Machinery Orders in Japan averaged 0.28 percent from 1987 until 2019, reaching an all time high of 25.50 percent in October of 1996 and a record low of -17 percent in September of 2018.

Machinery Orders in Japan is expected to be -1.40 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 0.50 in 12 months time. In the long-term, the Japan Machinery Orders is projected to trend around 0.20 percent in 2020, according to our econometric models.

Japan Machinery Orders
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Calendar GMT Actual Previous Consensus TEForecast
2019-08-13 11:50 PM Machinery Orders YoY Jun 12.5% -3.7% -0.6% -1.2%
2019-08-13 11:50 PM Machinery Orders MoM Jun 13.9% -7.8% -1.3% -2%
2019-09-11 11:50 PM Machinery Orders YoY Jul 0.3% 12.5% -4.5% 5.1%
2019-09-11 11:50 PM Machinery Orders MoM Jul -6.6% 13.9% -9.9% -4.4%
2019-10-09 11:50 PM Machinery Orders MoM Aug -6.6%
2019-10-09 11:50 PM Machinery Orders YoY Aug 0.3%
2019-11-10 11:50 PM Machinery Orders MoM Sep


Japan Business Last Previous Highest Lowest Unit
Business Confidence 7.00 12.00 53.00 -58.00 Index Points [+]
Manufacturing PMI 49.30 49.40 56.20 29.60 [+]
Services Pmi 53.30 51.80 55.30 46.40 Index Points [+]
Industrial Production 0.70 -3.80 30.00 -37.20 percent [+]
Industrial Production Mom 1.30 -3.30 6.80 -16.50 percent [+]
Manufacturing Production 0.70 -3.80 29.30 -37.20 percent [+]
Capacity Utilization 102.30 101.20 136.10 68.60 Index Points [+]
New Orders 1053.95 1122.80 1624.17 693.64 JPY Billion [+]
Machinery Orders -6.60 13.90 25.50 -17.00 percent [+]
Changes in Inventories 2007.90 2299.30 7613.70 -6589.80 JPY Billion [+]
Bankruptcies 678.00 802.00 1965.00 6.00 Companies [+]
Corporate Profits 23232.47 22244.02 26401.12 43.24 JPY Billion [+]
Coincident Index 99.80 99.50 106.90 69.30 [+]
Economy Watchers Survey 42.80 41.20 57.50 18.90 [+]
Car Production 696692.00 676431.00 961994.00 249772.00 Units [+]
Car Registrations 201903.00 258150.00 585449.00 83044.00 [+]
Leading Economic Index 93.60 93.60 108.00 72.50 Index Points [+]
Small Business Sentiment -1.00 6.00 46.00 -60.00 [+]
Internet Speed 20171.96 19574.52 20171.96 6541.92 KBps [+]
IP Addresses 43689566.00 43995715.00 44977757.00 23570249.00 IP [+]
Machine Tool Orders 88347.00 101278.00 182860.00 19037.00 JPY Million [+]
Mining Production -0.70 -7.60 16.20 -16.10 percent [+]
Cement Production 5000.00 4694.00 9368.00 4218.00 Thousands of Tonnes [+]
All Industry Activity Index 106.20 106.00 108.70 94.20 Index Points [+]
Competitiveness Index 82.47 81.59 82.47 5.36 Points [+]
Competitiveness Rank 5.00 8.00 10.00 5.00 [+]
Composite Pmi 51.90 50.60 54.10 46.30 [+]
Corruption Index 73.00 73.00 80.00 58.00 Points [+]
Corruption Rank 18.00 20.00 25.00 14.00 [+]
Ease of Doing Business 39.00 34.00 39.00 13.00 [+]
Private Investment 1.90 6.10 12.80 -25.33 percent [+]
Non Manufacturing Pmi 23.00 21.00 57.00 -41.00 [+]
Reuters Tankan Index -7.00 -4.00 39.00 -78.00 Index Points [+]
Tertiary Industry Index 106.90 106.80 107.20 73.20 Index Points [+]
Steel Production 8386.66 8789.26 10775.00 1177.00 Thousand Tonnes [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6.60 13.90 25.50 -17.00 1987 - 2019 percent Monthly
SA




Country Last Previous
Japan -6.60 Jul/19


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