Economic Buzz: Japan Core Machine Orders Climb 3.6% On Month In December

17 Feb 2022 , 11:54 AM

Japan value of core machine orders climbed a seasonally adjusted 3.6 percent on month in December, coming in at 932.4 billion yen, the Cabinet Office said on Thursday, following the 3.4 percent gain in November. On a yearly basis, core machine orders climbed 5.1 percent after spiking 11.6 percent in the previous month. For the fourth quarter of 2021, core machine orders were up 6.5 percent on quarter and 6.4 percent on year at 2,703.5 billion yen. For the first quarter of 2022, core machine orders are seen lower by 1.1 percent on quarter and higher by 8.6 percent on year.

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