Machinery Orders in December, 2023 and Forecast for Jan.-Mar. 2024
Results
The total value of machinery orders received by 280 manufacturers operating in Japan increased by 10.3% in December from the previous month on a seasonally adjusted basis. In October-December period it increased by 0.9% 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 2.7% in December, and showed decreased by 1.0% in October-December period.
In the January-March period the total amount of machinery orders was forecasted to increase by 0.8% and private-sector orders, excluding volatile ones, were forecasted to rise by 4.6% from the previous quarter respectively. This forecast was basically made by summing up the figures from 280 machinery manufacturers.
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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
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