FOREX TradingCharts.com

Financial News: Japan Core Machine Orders Surge 7.7% In February

Japan Core Machine Orders Surge 7.7% In February

04/14/2024 - 19:57:00 (RTTNews)

(RTTNews) - The value of core machine orders in Japan jumped by a seasonally adjusted 7.7 percent on month in February, the Cabinet Office said on Monday - coming in at 886.6 billion yen.

That blew away expectations for an increase of 0.8 percent following the 1.7 percent drop in January.

On a yearly basis, core machine orders slipped 1.8 percent - but that also beat forecasts for a decline of 5.0 percent after slumping 10.9 percent in the previous month.

Government orders surged 12.1 percent on month and 58.6 percent on year to 527.0 billion yen, while orders from overseas rose 0.7 percent on month and 8.6 percent on year to 1,238.4 billion yen.

For the first quarter of 2024, core machine orders are seen higher by 4.9 percent on quarter and down 0.1 percent on year at 2,637.4 billion yen.

The total value of machinery orders received by 280 manufacturers operating in Japan increased by 2.1 percent on month and 8.8 percent on year in February, at 2,803.4 billion yen.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Eurozone Consumer Pessimism Ebbs, Wage Growth Damp Hopes Of ECB Easing Beyond June Rate Cut (04 hr(s), 09 min(s), 42 sec(s) ago)
(RTTNews) - Consumer confidence in the euro area strengthened in May to its highest level since ea ...Full Story»

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions (05 hr(s), 37 min(s), 42 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

Belgium Consumer Confidence Remains Negative (06 hr(s), 34 min(s), 42 sec(s) ago)
(RTTNews) - Belgian consumer confidence weakened further and remained negative for the fifth strai ...Full Story»

Mexico GDP Growth Slows As Estimated (06 hr(s), 58 min(s), 42 sec(s) ago)
(RTTNews) - The Mexican economy expanded as initially estimated in the March quarter, the latest d ...Full Story»

U.S. New Home Sales Pull Back Much More Than Expected In April (07 hr(s), 07 min(s), 42 sec(s) ago)
(RTTNews) - After reporting a sharp increase in new home sales in the U.S. in the previous month, ...Full Story»

U.S. Jobless Claims Decrease More Than Expected To 215,000 (07 hr(s), 33 min(s), 42 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»

Turkey Central Bank Holds Key Rate At 50% (07 hr(s), 45 min(s), 42 sec(s) ago)
(RTTNews) - Turkey's central bank decided to leave its benchmark rate unchanged on Thursday, a ...Full Story»

Taiwan Industrial Output Grows Sharply; Retail Sales Growth Eases (07 hr(s), 53 min(s), 42 sec(s) ago)
(RTTNews) - Taiwan's industrial production expanded at the fastest pace in three months, preli ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Eurozone Consumer Pessimism Ebbs, Wage Growth Damp Hopes Of ECB Easing Beyond June Rate Cut

05/23/2024 - 13:19 PM (RTTNews)
(RTTNews) - Consumer confidence in the euro area strengthened in May to its highest level since ea ...Full Story>>

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions

05/23/2024 - 11:51 AM (RTTNews)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story>>

Belgium Consumer Confidence Remains Negative

05/23/2024 - 10:54 AM (RTTNews)
(RTTNews) - Belgian consumer confidence weakened further and remained negative for the fifth strai ...Full Story>>

Mexico GDP Growth Slows As Estimated

05/23/2024 - 10:30 AM (RTTNews)
(RTTNews) - The Mexican economy expanded as initially estimated in the March quarter, the latest d ...Full Story>>

U.S. New Home Sales Pull Back Much More Than Expected In April

05/23/2024 - 10:21 AM (RTTNews)
(RTTNews) - After reporting a sharp increase in new home sales in the U.S. in the previous month, ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.