Mount Fuji, Japan

Japan Investment June 2020

Japan: Core machinery orders deteriorate in June

Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the coming three- to six-month period—decreased sharply in June, confounding market analysts who had forecast a mild rise. Specifically, orders nosedived 7.6% month-on-month in seasonally-adjusted terms in June, which contrasted May’s 1.7% increase.

On an annual basis, orders plummeted 22.5% in June, which was notably larger than May’s 16.3% fall and marked the worst result since September 2009. Moreover, the trend pointed down, with the annual average variation of coming in at minus 6.1% in June, down from May’s minus 2.9%.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest