Overview

• Core machinery orders fell 3.2% in May, following a 2.9% decrease in April.
• Analysts had predicted a 0.8% increase, highlighting the unexpected nature of the decline.
• The Bank of Japan's plans to normalize monetary policy may be delayed due to fragile economic indicators.
• External machinery orders rose significantly, but domestic core orders showed signs of stalling.
• Capital spending and consumer spending are key areas of concern for Japan's economic outlook.