Japanese machine tool orders increased by 53% year-on-year in June

According to the Kyodo News Agency, the Japan Machine Tool Industry Association announced on June 11 that the machine tool order amount (initial value) was 128.3 billion yen (about 10.27 billion yuan), an increase of 53.3% over the same period of the previous year, for 19 consecutive months. Year-on-year growth. The order amount has basically recovered to the level of June 2008 (128.4 billion yen) before the global financial crisis. The increase in orders from emerging market countries such as Asia, coupled with post-earthquake reconstruction demand, has driven orders. Orders continue to maintain a good growth trend. Domestic demand orders increased by 42.6% year-on-year to 41.6 billion yen; external demand orders increased by 59% year-on-year to 86.6 billion yen, the highest in a single month.

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