Mount Fuji, Japan

Japan Investment May 2021

Japan: Core machinery orders expands at quickest pace since October 2020 in May

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—rose 7.8% in month-on-month seasonally-adjusted terms in May, which was above April’s 0.6% increase and marked the best result since October 2020.

On an annual basis, machinery orders rose at a quicker rate of 12.2% in May (April: +6.5% yoy), the best result since June 2019. Moreover, the trend improved significantly, with the annual average variation of machinery orders coming in at a one-year high of minus 5.0%, up from April’s minus 6.9%.

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