The Cabinet Office announced disappointing results in machinery orders

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Investors have got another sign that the Japanese economy starts stagnating again. 

Machinery orders statistics released by the Cabinet Office, a survey of monthly orders for machinery equipment to machine manufacturers, has been watched closely by investors as a leading indicator of capital investment. 

 According to the statistics for the last October announced on December 12, seasonally adjusted orders from private sectors excluding ships and electricity, which are the indicators without the effect of volatile orders, decreased 6.0% from the previous month. 

 It was the fourth consecutive month of decline. Compared to the previous year, it was down 6.1%. 


 The result was also below the preliminary survey of market participants expecting to increase 0.9% month-on-month. The Cabinet Office revised down its assessment of the sector, saying machinery orders seem to be stalling. In the last month's assessment, it said the orders were slowing.

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