Core machinery orders in Japan jumped a seasonally adjusted 8.8 percent in July compared to the previous month, the Cabinet Office said on Wednesday. That was sharply higher than analyst expectations for a 2.0 percent monthly increase following the 1.6 percent gain in June.
Government orders eased 1.3 percent on month, while overseas orders added 2.6 percent and agency orders fell 1.8 percent. Private sector orders collected 6.4 percent on month.
Overall machinery orders, which include the volatile ones for ships and from power companies, were up 5.7 percent on month.
On an annual basis, core machinery orders surged 15.9 percent - again topping forecasts for an 8.1 percent gain after shedding 2.2 percent in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.