Machinery Orders in March, 2024 and Forecast for Apr.-Jun. 2024
Results
The total value of machinery orders received by 280 manufacturers operating in Japan increased by 12.1% in March from the previous month on a seasonally adjusted basis. In January-March period it increased by 6.3% 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 2.9% in March, and showed rose by 4.4% in January-March period.
In the April-June period the total amount of machinery orders was forecasted to decrease by 0.1% and private-sector orders, excluding volatile ones, were forecasted to fall by 1.6% 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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