Japan Core Machine Orders Climb 3.7% On Month In March : vim

Japan Core Machine Orders Climb 3.7% On Month In March


Japan Core Machine Orders Climb 3.7% On Month In March
That missed expectations for an increase of 6.4 percent following the 8.5 percent decline in February.
On a yearly basis, core machine orders fell 2.0 percent - beating forecasts for a fall of 2.6 percent after sinking 7.1 percent a month earlier.
The total value of machinery orders received by 280 manufacturers operating in Japan plummeted 30.0 percent on month in March and slipped 4.6 percent on year.
Manufacturing orders were down 0.1 percent on month and up 2.9 percent on year at 342.2 billion yen, while non-manufacturing orders jumped 9.5 percent on month and sank 4.9 percent on year at 463.0 billion yen.
Government orders rose 2.7 percent on month and fell 4.0 percent on year at 264.1 billion yen, while orders from overseas plummeted 53.9 percent on month and 0.1 percent on year at 832.5 billion yen. Orders through agencies rose 3.2 percent on month and lost 2.4 percent on year at 108.1 billion yen.

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