Japan - March machine orders: +5.5% m/m (expected -2.0%)

Machinery Orders for March – Japan

+5.5% m/m

– expected -2.0%, prior -9.2%

+3.2% y/y

– expected +0.8%, prior -0.7%

Yesterday we got great GDP data from Japan, but one of the details that was disappointing was business spending (capex).

sumber: