Monitor JN Prelim Machine Tool Orders y/y to gauge industrial demand and economic health in Japan.
This report is issued in two versions, the Preliminary and Final, released approximately a week apart. The Preliminary report is the first to be published and usually has a greater impact. The Final release is often considered less significant and may not be reported.
What it Measures
This indicates the change in the total value of new orders received by machine tool manufacturers.
Usual Effect
An 'Actual' result that exceeds the 'Forecast' is favorable for the currency.
Source & Frequency
JMTBA (latest release) - https://www.jmtba.or.jp/english/ • This report is published monthly, roughly 10 days after the conclusion of the month.
How Data is Derived
N/A
Also Known As
N/A
Acronym
Japan Machine Tool Builders Association (JMTBA)