Plus   Neg

Japan Core Machine Orders Jump 8.2% In January

The value of core machine orders in Japan surged a seasonally adjusted 8.2 percent on month in January, the Cabinet Office said on Thursday - coming in at 872.3 billion yen.

The headline figure topped expectations for an increase of 5.2 percent following the upwardly revised 9.3 percent contraction in December (originally -11.9 percent).

On a yearly basis, core machine orders gained 2.9 percent - again exceeding expectations for a fall of 0.7 percent following the 5.0 percent fall in the previous month.

The total value of machine orders, which includes volatile ones for ships and electric power companies, climbed a seasonally adjusted 4.5 percent on month and 10.7 percent on year in January.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT