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New data Construction Orders YoY (Sep)

10/31/2024

actual -21.3, previous 8.7

The Construction Orders YoY (Year-over-Year) for September in Japan experienced a significant decrease of -21.3%. This indicates a decline in the value of new construction orders compared to the same period in the previous year. The actual value of -21.3% was much lower than the market estimate of 10%, as well as a notable decrease from the previous value of 8.7%. This event is considered to have a low impact on the market, but the sharp decline of -344.828% compared to the previous value may still draw attention from investors and analysts. A decrease in construction orders can be indicative of a slowdown in the construction sector, which can have implications for the overall economy, including employment and investment trends.

This is not investment advice. Remember to verify the information provided here.

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