Cabinet Office data released on the 8th this year in May, the Japanese machinery orders (excluding ships and electric power) dropped 3%, to ¥ 668,200,000,000, since April 1987 has been comparable statistical data lowest level in history.

Data showed that manufacturing orders in May to increase the amount of ring than 5.4%, non-manufacturing orders to reduce the amount of ring than 6.9%.

In the manufacturing industry in 15 species, there are eight types of industry increase the amount of orders, of which coal oil products, other transport machinery and automobile industries a larger increase in order volume, respectively, 124.8 percent increase the previous month, 43 .2% and 27.3%; in order to reduce the amount of the seven species of industry, or larger include iron and steel, paper and non-ferrous metals industry, dropped 45.8 percent, respectively, 17.6% and 10.7%.

In non-manufacturing industries, transport and mining industry orders fell a larger amount, respectively, dropped 49.7 percent and 13.7 percent; communications industry and the large increase in the amount of construction orders, respectively, an increase of 27 over the previous month. 8% and 5.3%.

The above statistics is the Cabinet Office of Japan's 280 orders for machinery and equipment manufacturers the results of the survey. Manufacturers usually receive orders in about six months later in production. Therefore, the machinery orders data in Japan is often seen as non-governmental investment in equipment of leading indicators, but also the development of the Bank of Japan interest rate policy was an important reference.

2009-7-10