Japan in May machine tool orders fell 79.3% year-on-year

Japan Machine Tool Industry Association announced in May the Japanese machine tool orders fell 79.3% year-on-year monthly increase in more than 9.1%. Japan Machine Tool Industry Association (JapanMachineToolBuildersAssociation) 9 announced the preliminary data show that in May the Japanese machine tool orders fell 79.3% year-on-year monthly increase in more than 9.1% to ¥ 27,469,000,000.
Domestic orders fell 77.8 percent year-on-year, rose by 0.4% month; overseas orders fell 80.4 percent year-on-year, increased by 17.2% more than on.