Japan Equipment orders for September 2024: -Zero.7% m/m (anticipated +1.9%)

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Disappointing information this.

Equipment Orders (MoM) (September) -1.7%

  • anticipated 1.9%, prior -1.9%

Equipment Orders (YoY) (September) +four.eight%

  • anticipated 2.2%, prior -Three.four%

Extra:

  • for the July – September quarter machine orders fell 1.Three% q/q
  • October -December equipment orders are forecast at +5.7% q/q

Core equipment orders information is a extremely unstable sequence

  • its used as a number one indicator of capital spending within the coming six to 9 months

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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