Financial News: Japan Core Machinery Orders Surge In March

Japan Core Machinery Orders Surge In March

05/21/2025 - 19:58:00 (RTTNews)

(RTTNews) - The total value of core machinery orders in Japan spiked 13.0 percent on month in March, the Cabinet Office said on Thursday - coming in at 1,090.9 billion.

That blew away forecasts for a decline of 1.5 percent following the 4.3 percent increase in February.

On a yearly basis, orders jumped 8.4 percent - again beating expectations for a decline of 2.2 percent after rising 1.5 percent in the previous month.

Orders from the government tumbled 31.0 percent on month and 16.9 percent on year to 454.9 billion yen, while orders from overseas slumped 13.1 percent on month but gained 9.3 percent on year to 1,264.1 billion yen.

For the first quarter of 2025, orders were up 3.9 percent on quarter and 5.6 percent on year. In the second quarter, orders are expected to slip 2.1 percent on quarter and 1.0 percent on year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

New Zealand Manufacturing PMI Data Due On Friday (02 hr(s), 27 min(s), 55 sec(s) ago)
(RTTNews) - New Zealand will on Friday release May results for the manufacturing PMI from Business ...Full Story»

Thirty-Year Bond Auction Attracts Average Demand (07 hr(s), 16 min(s), 55 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $22 billi ...Full Story»

Portugal Inflation Confirmed At 2.3% (10 hr(s), 29 min(s), 55 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation increased slightly as initially estimated in M ...Full Story»

U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected (10 hr(s), 37 min(s), 55 sec(s) ago)
(RTTNews) - After reporting an unexpected decrease by U.S. producer prices in the previous month, ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Unchanged At Eight-Month High (10 hr(s), 40 min(s), 55 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story»

Irish Inflation Eases To 5-month Low (11 hr(s), 38 min(s), 55 sec(s) ago)
(RTTNews) - Ireland's consumer price inflation moderated in May to the lowest level in five mo ...Full Story»

U.S. Producer Prices Inch Up Less Than Expected In May (11 hr(s), 50 min(s), 55 sec(s) ago)
(RTTNews) - After reporting an unexpected decrease by U.S. producer prices in the previous month, ...Full Story»

U.S. Weekly Jobless Claims Unchanged At 248,000 (11 hr(s), 56 min(s), 55 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. ...Full Story»