Core machinery orders in Japan, excluding volatile ones for ships and those from electric power companies, increased MoM on a seasonally adjusted basis by 3.4% in November 2021, beating market forecasts for a 1.4% gain. The gauge rose and topped expectations for a second month in a row, a sign that firms were spending and the broader economy continued recovering as months-long supply constraints eased. Machinery orders increased mainly in the manufacturing sector, lifted by the following industries: ceramic, stone & clay products (36.3%), chemical and chemical products (32.1%) and automobiles, parts & accessories (15.4%). On a yearly basis, core machinery orders rose 11.6% in November, accelerating sharply from a 2.9% increase in the previous month and beating the 6.1% consensus forecast. source: Cabinet Office, Japan

Machinery Orders in Japan averaged 0.28 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 January of 2022.

Machinery Orders in Japan is expected to be -2.00 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 4.00 percent in 2023 and 0.20 percent in 2024, according to our econometric models.

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Japan Machinery Orders


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.
Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.80 25.50 -16.80 1987 - 2021 percent Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2022-01-16 11:50 PM Machinery Orders MoM Nov 3.4% 3.8% 1.4% 1.2%
2022-01-16 11:50 PM Machinery Orders YoY Nov 11.6% 2.9% 6.1% 6%
2022-02-16 11:50 PM Machinery Orders YoY Dec


Related Last Previous Unit Reference
New Orders 1023.80 1073.52 JPY Billion Nov/21
Machinery Orders 3.40 3.80 percent Nov/21
Changes in Inventories 334.20 -418.30 JPY Billion Sep/21
Coincident Index 92.80 89.80 Nov/21
Economy Watchers Survey 56.40 56.30 points Dec/21
Leading Economic Index 103.20 101.50 points Nov/21


News Stream
Japan Machinery Orders Rise More than Expected
Core machinery orders in Japan, excluding volatile ones for ships and those from electric power companies, increased MoM on a seasonally adjusted basis by 3.4% in November 2021, beating market forecasts for a 1.4% gain. The gauge rose and topped expectations for a second month in a row, a sign that firms were spending and the broader economy continued recovering as months-long supply constraints eased. Machinery orders increased mainly in the manufacturing sector, lifted by the following industries: ceramic, stone & clay products (36.3%), chemical and chemical products (32.1%) and automobiles, parts & accessories (15.4%). On a yearly basis, core machinery orders rose 11.6% in November, accelerating sharply from a 2.9% increase in the previous month and beating the 6.1% consensus forecast.
2022-01-17
Japan Machinery Orders Rise in October
Core machinery orders in Japan, excluding volatile ones for ships and those from electric power companies, increased MoM on a seasonally adjusted basis by 3.8% in October of 2021, beating market expectations for a 2.1% gain. The gauge rose for the first time in three months, a sign that firms were spending and the broader economy was recovering as months-long supply constraints eased. Non-manufacturing orders increased 16.5% as the Sept. 30 lifting of state of emergency curbs helped consumption activities. Manufacturing order meanwhile declined 15.4%, dragged mainly by a slowdown in the chemical products and non-ferrous metals industries. On a yearly basis, core machinery orders rose 2.9% in October, slowing from a 12.5% increase in the previous month and falling short of the 4% consensus forecast.
2021-12-13
Japan Sept Machinery Orders Flat from Previous Month
Core machinery orders in Japan, excluding volatile ones for ships and those from electric power companies, were flat on a seasonally adjusted basis at 0.0% in September of 2021, missing market expectations of a 1.8% gain and after a 2.4% decline a month earlier. Manufacturing orders rose by 24.8% amid a pick up in economic activity, while non-manufacturing orders fell by 11.7%, dragged by a slowdown in the real estate, telecommunications and wholesale and retail trade sectors. On a yearly basis, core machinery orders increased by 12.5%, falling short of the 17.4% consensus forecast.
2021-11-17