Japan Investment December 2016


Japan: Machinery orders rebound to six-month high in December

February 9, 2017

Core machinery orders (a leading indicator of capital spending over a three- to six-month period) rebounded in December and expanded at the fastest pace since June 2016. The Cabinet assessed in February that while orders had been picking up, they have now come to a standstill. Headline machinery orders (private sector, excluding volatile orders) rose 6.7% in December from the previous month in seasonally adjusted terms, which contrasted the 5.1% decrease recorded in November.

Overall non-manufacturing orders rebounded strongly in December, while growth in overall manufacturing books eased. Export orders contracted sharply in December, after having expanded at the fastest pace in over two years in November.

Compared to the same month of the previous year, core machinery orders increased 6.7% in December, which followed the 10.4% rise in November. The annual average variation in core machinery orders rose from 0.8% in November to 1.7% in December.

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: Ricard Torné, Lead Economist

Sample Report

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


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