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

Core machinery orders in Japan, which exclude those of ships and electrical equipment, jumped 8.0 percent month-on-month in July 2017, following a 1.9 percent drop in the prior month and beating market consensus of a 4.4 percent rise. It was the first rise in machinery orders in four months and the fastest since January 2016, due to a rebound in manufacturing orders (2.9 pct from -5.4 pct in June), boosted by non-ferrous metals (189.7 pct vs -33.4 pct); information & communication electronics (18.0 pct vs -26.8 pct) and ship building (57.2 pct vs -26.6 pct). Also, non-manufacturing orders increased further (1.7 pct vs 6.3 pct), mainly due to construction (10.1 pct vs 1.9 pct); transportation and postal services (64.9 pct vs 14.1 pct) and mining, quarrying of stone and gravel (13.8 pct vs -4.9 pct). Year-on-year, core machinery orders dropped by 7.5 percent, compared to a 5.2 percent fall in June while the market expected a 7.3 percent decline. Machinery Orders in Japan averaged 0.27 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.