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What will be the change in Japanese core machinery orders MoM for May 2024?
3
Resolution / Starting Odds
Decrease by > 2% • 33%
Change between -2% and 2% • 34%
Increase by > 2% • 33%
Cabinet Office of Japan reports
Story
Japanese Core Machinery Orders Fall 2.9% MoM, Rise 0.7% YoY in April
Jun 16, 2024, 11:50 PM
Japanese core machinery orders for April showed a mixed performance. Month-on-month, the orders fell by 2.9%, which was in line with expectations of a 3.1% decline but marked the first decline in three months, according to the Cabinet Office. Year-on-year, the orders increased by 0.7%, surpassing the forecast of a 0.1% decline but significantly lower than the previous month's 2.7% increase. These figures highlight the volatility in Japan's machinery sector amid broader economic uncertainties.
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Similar markets
Decrease more than 5% • 25%
Decrease 0.1-5% • 25%
Increase 0.1-5% • 25%
Increase more than 5% • 25%
No significant change • 25%
Slight increase in market indices • 25%
Significant increase in market indices • 25%
Decrease in market indices • 25%
0-2% • 25%
2.1-5% • 25%
5.1-10% • 25%
More than 10% • 25%
