Japan Real Time Charts and Data

Edward Hugh is only able to update this blog from time to time, but he does run a lively Twitter account with plenty of Japan related comment. He also maintains a collection of constantly updated Japan data charts with short updates on a Storify dedicated page Is Japan Once More Back in Deflation?

Thursday, October 11, 2007

Japan August 2007 Machinery Orders

Just a brief note on future orders in the key machinery sector. Machine orders declined by a more-than-expected 7.7 percent in August, after gaining 17 percent the month before, according to data from the Cabinet Office in Tokyo today. This is not quite as bleak a picture as it appears, since in fact overseas orders rose 23% over what had been a rather low level in July. To get some idea of where we are here are the various indexes:

So August was it seems a record month for overseas machinery orders. It now remains to be seen what the picture looked like in September, when we eventually get the data.