Machinery Orders in March, 2019 and Forecast for Apr.- Jun. 2019
Results
The total value of machinery orders received by 280 manufacturers operating in Japan decreased by 4.3% in March from the previous month on a seasonally adjusted basis. In January-March period it fell by 10.4% compared with the previous quarter.
Private-sector machinery orders, excluding volatile ones for ships and those from electric power companies, increased a seasonally adjusted by 3.8% in March, and showed decreased by 3.2% in January-March period.
In the April-June period the total amount of machinery orders was forecasted to increase by 10.9% and private-sector orders, excluding volatile ones, were forecasted to rise by 15.7% from the previous quarter respectively. This forecast was basically made by summing up the figures from 280 machinery manufacturers.
In 2018 Fiscal Year the total amount of machinery orders increased by 1.9%. Also private-sector orders, excluding volatile ones, it rose by 2.8%.
References
- Chart-1 Total Value of Machinery Orders and Chart-2 Private Sector (exc. Volatile Orders)
- Table-1 Machinery Orders by Sectors
- Table-2 Percentage Change by Industrial Classification in Private Sector