Japan's core machinery orders fell 3.2% in May 2024, marking the second consecutive monthly decline.
Japan's core machinery orders fell by 3.2% in May 2024, following a 2.9% drop in April, marking the second consecutive monthly decline. This downward trend raises concerns about the potential impact on Japan's economic recovery and highlights challenges in its industrial sector. Core machinery orders are seen as an indicator of capital spending, reflecting broader economic health and business sentiment.
July 11, 2024
5 Articles