Japan'S Machinery Orders Increased By 4% In April.
Cabinet Office released 9
data
It shows that, after seasonally adjusted, in April this year, the amount of mechanical orders (excluding ships and electricity and the same below) as the leading indicators of civilian equipment investment continued to increase after the increase of 5.4% in March, an increase of 4%, which is significantly higher than the 0.7% increase expected by the market.
Data show that in April
Mechanics
The order amount is 761 billion 900 million yen (US $1 or about 92 yen).
manufacturing industry
The order was 296 billion 300 million yen, 5.5% less than the last month, and the non manufacturing order was 464 billion yen, an increase of 5.3% over the last month.
According to the above situation, the Japanese Cabinet Office upgraded the basic trend of the mechanical order from the "stop falling" in March to "showing good rotation".
Japan's machinery order data are the survey results of the Japanese government's mechanical ordering of 280 domestic production enterprises.
This data shows that the trend of equipment investment of Japanese enterprises in the next 6 to 9 months is a leading indicator for investment in equipment.
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