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Japan's July machine tool equipment orders are lower than expected
by：Gewinn
2022-05-14
'Nihon Keizai Shimbun' reported that according to statistics released by the Cabinet Office of Japan on the 12th, the order value of machine tool equipment in July was 777.2 billion yen, down 0.0% from the previous month, declining for two consecutive months, lower than the previous month-on-month forecast by private organizations. an increase of 2.4%. Specifically, the manufacturing industry increased by 4.8% month-on-month, and the non-manufacturing industry increased by 0.0% month-on-month. Compared with the same period last year, the value of private demand orders excluding ships and electricity increased by 6.5%. Japan's machine tool equipment orders have always been regarded as a leading indicator for private equipment investment. Although the month-on-month decline for two consecutive months, the Cabinet Office maintained the basic judgment of 'slow recovery'.
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