Track JN Core Machinery Orders m/m to gauge future manufacturing activity and economic health.
This serves as a primary indicator of production, as an increase in purchase orders suggests that manufacturers will boost their operations to meet demand.
What it Measures
This reflects the change in the total value of new purchase orders from the private sector placed with manufacturers, excluding those for ships and utilities.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it typically favors the currency.
Source & Frequency
Cabinet Office (latest release) - https://www.cao.go.jp/index-e.html • This data is published monthly, approximately 40 days after the conclusion of the month.
How Data is Derived
N/A
Also Known As
Machine Orders
Acronym
N/A