japan machinery orders up 3 in may
Saturday 18 January 2025
Last Updated : GMT 06:49:16
Arab Today, arab today

Japan machinery orders up 3% in May

Arab Today, arab today

Arab Today, arab today Japan machinery orders up 3% in May

Tokyo - AFP

Japan's core private-sector machinery orders, a leading indicator of corporate capital spending, rose 3.0 percent in May from the previous month, official data showed on Thursday. The core data, which exclude volatile demand from power companies and for ships, reversed a 3.3 percent drop registered for April, figures from the Cabinet Office showed. Economists' median forecast was a 2.6 percent rise, according to Dow Jones Newswires. The numbers appear to show that companies are now more willing to invest in plant and equipment while orders related to post-quake reconstruction are also expected to show continued strength. Orders from the public sector jumped 10.7 percent in a turnaround from a drop of 1.2 percent in April. Japan has been pushing ahead with reconstruction after the March earthquake and tsunami. Parliament in early May passed an emergency four trillion yen ($49 billion) relief budget to help fund the reconstruction. By sector, orders from manufacturers of information and communication electronics equipment rose 28.4 percent. Orders from makers of automobiles, parts and accessories rose 2.9 percent. Machinery orders from construction companies rose 41.5 percent with orders from wholesale and retail firms climbing 35.8 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

japan machinery orders up 3 in may japan machinery orders up 3 in may

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

japan machinery orders up 3 in may japan machinery orders up 3 in may

 



GMT 15:28 2017 Tuesday ,17 October

Tunisia economic growth picks up in first quarter

GMT 22:57 2017 Saturday ,23 December

Saif bin Zayed attends wedding ceremony in Al Ain

GMT 14:01 2013 Saturday ,20 April

Iran sees no need for OPEC emergency prices meeting

GMT 08:58 2017 Wednesday ,05 April

North Korea fires missile into Sea of Japan

GMT 07:17 2016 Friday ,15 January

'Harry Potter' star Alan Rickman dies aged 69

GMT 14:43 2015 Saturday ,26 December

Nazaha head arrives in Cairo
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday