Japan Investment November 2016

Japan

Japan: Machinery orders drop in November

January 16, 2017

Core machinery orders (a leading indicator of capital spending over a three- to six-month period) in Japan fell in November after briefly recovering in the previous month. Headline machinery orders (private sector, excluding volatile orders) fell 5.1% in November from the previous month in seasonally adjusted terms, which contrasted the 4.1% increase recorded in October.

Overall non-manufacturing orders contracted sharply in November, while overall manufacturing orders and export orders rose. Compared to the same month of the previous year, core machinery orders increased 10.4% in November, which contrasted the 5.6% fall observed in October. The annual average variation in core machinery orders rose from 0.2% in October to 0.8% in November.

FocusEconomics Consensus Forecast panelists expect private non-residential investment to rise 1.3% in 2017, which is up 0.3 percentage points over last month’s projection. In 2018, the panel sees private non-residential investment expanding 1.7%.


Author:, Economist

Sample Report

Looking for forecasts related to Investment in Japan? Download a sample report now.

Download

Japan Investment Chart


Japan Investment November 2016

Note: Month-on-month changes of seasonally adjusted core machinery orders and year-on-year growth rate in %.
Source: Ministry of Economy, Trade and Industry (METI) and FocusEconomics calculations.


Japan Economic News

  • Japan: Core inflation inches up in June

    July 20, 2018

    The core consumer price index rose 0.1% in month-on-month seasonally-adjusted terms in June, up from May’s flat reading. Core inflation was up a notch to 0.8% in June from 0.7% in May, which was in line with market expectations.

    Read more

  • Japan: Machinery orders decline in May

    July 11, 2018

    Although core machinery orders—a leading indicator of capital spending over a three- to six-month period—contracted in May, the fall was weaker-than-expected, suggesting that capital expenditure will gain steam further down the road.

    Read more

  • Japan: Business confidence weakens in Q2

    July 2, 2018

    According to the Bank of Japan’s quarterly Tankan business survey, sentiment among large manufacturers fell in the second quarter of 2018, suggesting economic momentum has yet to gain traction following a weak first quarter.

    Read more

  • Japan: Consumer confidence declines marginally in June

    June 29, 2018

    Consumer sentiment inched down to 43.7 in June from 43.8 in May, coming in just below market expectations of a stable print.

    Read more

  • Japan: Industrial production falls in May

    June 29, 2018

    Industrial production contracted 0.2% on a month-on-month and seasonally-adjusted basis in May, contrasting April’s revised 0.5% increase (previously reported: +0.3% month-on-month).

    Read more

More news

Search form