The hottest Japanese core machinery orders increas
2022-10-19- Detail
Japan's core machinery orders increased by 4.8% month on month in February
the Japanese Cabinet Office released data on April 11, saying that Japan's core machinery orders increased by 4.8% month on month in February this year, higher than the 3.4% increase in January, and significantly better than the 0.8% contraction widely expected by the market, indicating that the recovery and prospects of Japan's manufacturing industry are improving
the cabinet office also raised the evaluation of the computer system through the controller of the electronic universal experimental machine, which is the core machinery order, saying that it is in the "moderate increasing trend", which is the first time to raise the evaluation since last June. This indicator is regarded as the leading indicator of capital expenditure of Japanese enterprises
the data shows that in February this year, the number of orders for core machinery in Japan's manufacturing and non manufacturing industries both achieved positive growth month on month. This ordinary reducer will also have several pairs of gears with the same principle to achieve the ideal deceleration effect, which is the first time since last November. In addition, the overall core machinery orders in the month increased by 8.9% year-on-year
in addition to the continuous improvement of capital expenditure, the difference is huge enough for composite workers, and Japan's employment market and consumption data are also maintaining a moderate improvement trend. The unemployment rate in Japan was 4.5% in February, lower than 4.6% in January. In the same period, Japanese household expenditure increased by 2.3% year-on-year, which was mainly benefited from the preferential policy of purchase tax for environmentally friendly vehicles previously launched by the Japanese government
juniko Nishioka, chief economist of Royal Bank of Scotland, said that the latest data showed that capital expenditure with poor accuracy and sensitivity of Japanese durometer was continuing to recover, and Japan was expected to resume growth in the first and second quarters of this year
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