boj minutes, 2004-02-26
Machinery orders (private demand, excluding shipbuilding and orders from electric power companies), a leading indicator of business fixed investment, rose a substantial 11.3 percent in the October-December quarter of 2003 from the previous quarter, and the forecast figure for the January-March quarter of 2004 was virtually unchanged from the actual figure for the previous quarter.
Sentiment: neutral
Topic: mp_economic_activity