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Japan March preliminary machine tool orders -40.8% vs -29.6% y/y prior

Japan March preliminary machine tool orders -40.8% vs -29.6% y/y prior

Latest data released by the Japanese Machine Tool Builders’ Association
– -29.6%
ForexLive
The reading measures the change in total value of new orders placed with Japanese machine tool manufacturers. The slump in factory orders largely comes from a drop in foreign demand, as domestic demand actually improved slightly on the month.

Source: Forexlive RSS Breaking news feed
Date: April 9, 2020, 16:05