2024-02-19 01:52:38 ET
-
Japan's core machinery orders, which exclude those for ships and electric power companies, rose 2.7% M/M to 838.8 billion yen in December 2023, reversing from a 4.9% decline in November and exceeding market expectations for a 2.5% gain.
-
On an annual basis, private-sector machinery orders declined 0.7% in December, improving from a 5% drop in November and coming in better than forecasts for a 1.4% fall.
-
Currency: ( USD:JPY )
-
More on Japan economy:
-
Japan's manufacturing PMI shrinks for 8th month amid weak production and new order inflows
-
Japan's industrial output rises 1.8%; retail sales miss forecast in December
-
Japan's manufacturing shrinks for an eighth consecutive month amid weak demand
-
Bank of Japan keeps negative interest rate unchanged, trims 2024 inflation forecasts
Read the full article on Seeking Alpha
For further details see:
Japan machinery orders rise 2.7% in Dec