Japan December core machinery orders rise 2.7% month/month

By Thomson Reuters Feb 18, 2024 | 6:00 PM

TOKYO (Reuters) – Japan’s core machinery orders rose 2.7% in December from the previous month, government data showed on Monday.

That compared with a 2.5% rise expected by economists in a Reuters poll.

On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six to nine months, declined 0.7%, versus a forecast for a 1.4% drop.

For the full table, go to the website of the Cabinet Office:

(Reporting by Satoshi Sugiyama; Editing by Chang-Ran Kim)