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Japan Machine Tool Orders Fall In September


Post Date: 14 Oct 2013    Viewed: 337

Japan's machine tool orders decreased in September from last year, owing entirely to a sharp fall in export demand, latest figures from the Japan Machine Tool Builders' Association (JMTBA)showed Wednesday.


Total machine tool orders decreased 6.3 percent in September from a year earlier. Driving the fall, orders in the export market plunged 23.4 percent, which was partially offset by a 35.9 percent growth in domestic market.


Compared to August, machine tool orders in all markets increased 6.4 percent in September, the agency said.


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