The total value of machinery orders received by 280 manufacturers operating in Japan increased by 9.0% in February from the previous month on a seasonally adjusted basis.
Private-sector machinery orders, excluding volatile ones for ships and those from electric power companies, decreased a seasonally adjusted by 9.2% in February.
Japan’s core machinery orders in February MoM -9.2% -12.0% expected, the former value of 15%.
Japan’s core machinery orders in February -0.7% YoY, -2.4% is expected, before the value of 8.4%.
Media release: Machinery Orders in February, 2016