{"id":884563,"date":"2024-07-09T21:02:53","date_gmt":"2024-07-10T01:02:53","guid":{"rendered":"https:\/\/www.wds-media.com\/japans-machine-tool-order-growth-picks-up-in-june\/"},"modified":"2024-07-09T21:02:53","modified_gmt":"2024-07-10T01:02:53","slug":"japans-machine-tool-order-growth-picks-up-in-june","status":"publish","type":"post","link":"https:\/\/www.wds-media.com\/japans-machine-tool-order-growth-picks-up-in-june\/","title":{"rendered":"Japan\u2019s machine tool order growth picks up in June"},"content":{"rendered":"<div>\n<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/12\/Japan_07.jpg\" alt=\"\" width=\"640\" height=\"372\" class=\"aligncenter size-full wp-image-84629\" srcset=\"https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/12\/Japan_07.jpg 640w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/12\/Japan_07-300x174.jpg 300w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/12\/Japan_07-50x29.jpg 50w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/12\/Japan_07-100x58.jpg 100w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/p>\n<p>Machine tool orders in Japan have increased at a much faster rate in June compared to the previous month, data by the Japan Machine Tool Builders\u2019 Association showed.<\/p>\n<p>Orders rose 9.7% year-on-year to JPY 133,817 million in June, following a 4.2% growth in May.<\/p>\n<p>June\u2019s performance was mostly driven by a 14.6% surge in foreign orders to JPY 92,993 million, the data showed.<\/p>\n<p>In the meantime, domestic demand was 0.1% lower to JPY 40,824 million in June, after a 7.9% drop in May.<\/p>\n<p>In monthly terms, the nation\u2019s machine tool orders rose by 7.5% in June, following a 3% increase in the prior month.<\/p>\n<p>The Japanese Yen was 0.14% weaker on the day against the US Dollar, with the USD\/JPY currency pair last trading at 161.025, with Fed Chair Jerome Powell\u2019s semi-annual Congressional testimony now in focus.<\/p>\n<p><a href=\"https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2024\/07\/usd_jpy-Jul9th24.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2024\/07\/usd_jpy-Jul9th24-1024x489.jpg\" alt=\"\" width=\"640\" height=\"306\" class=\"aligncenter size-large wp-image-88392\" srcset=\"https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2024\/07\/usd_jpy-Jul9th24-1024x489.jpg 1024w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2024\/07\/usd_jpy-Jul9th24-300x143.jpg 300w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2024\/07\/usd_jpy-Jul9th24-768x367.jpg 768w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2024\/07\/usd_jpy-Jul9th24-1536x734.jpg 1536w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2024\/07\/usd_jpy-Jul9th24-50x24.jpg 50w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2024\/07\/usd_jpy-Jul9th24-100x48.jpg 100w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2024\/07\/usd_jpy-Jul9th24.jpg 1765w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/a><\/p>\n<p>The post <a href=\"https:\/\/www.tradingpedia.com\/2024\/07\/09\/japans-machine-tool-order-growth-picks-up-in-june\/\">Japan\u2019s machine tool order growth picks up in June<\/a> first appeared on <a href=\"https:\/\/www.tradingpedia.com\/\">Trading Pedia<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Machine tool orders in Japan have increased at a much faster rate in June compared to the previous month, data by the Japan Machine Tool Builders\u2019 Association showed. Orders rose 9.7% year-on-year to JPY 133,817 &#8230;<\/p>\n","protected":false},"author":2,"featured_media":884564,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"_links":{"self":[{"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/posts\/884563"}],"collection":[{"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/comments?post=884563"}],"version-history":[{"count":0,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/posts\/884563\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/media\/884564"}],"wp:attachment":[{"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/media?parent=884563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/categories?post=884563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/tags?post=884563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}