TeleTrade - Analytics

TeleTrade

518.25 6.75/10
57% of positive reviews
Real

Core machinery orders in Japan jumps 3.8% in April

 

Japan's Cabinet Office released its core machinery orders data for Japan on Wednesday. Core machinery orders in Japan jumped 3.8% in April, beating expectations for a 2.0% drop, after a 2.9% gain in March.

 

 

On a yearly basis, Japan's core machinery orders gained 3.0% in April, beating forecasts of a 1.3% decline, after a 2.6% rise in March.

 

 

These figures are signs that Japanese companies may be expanding their capital expenditure.

 

 

The Cabinet Office upgraded its assessment of machinery orders saying they were picking up, compared with the previous view that machinery orders were "showing a gradual pickup."



To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree