FX.co ★ Japan's Construction Orders Surge by 31.4% in March 2024

Japan's construction sector saw a significant uptick in March 2024, with construction orders surging by 31.4% compared to the same period last year. This impressive growth comes after a significant drop of -11.0% in February 2024, indicating a strong rebound in the industry.

The latest data, updated on 30 April 2024, shows a positive trajectory for Japan's construction sector, highlighting the resilience and recovery of the industry. The year-over-year comparison emphasizes the notable improvement in construction orders, pointing towards potential opportunities and economic growth in the sector.

These results offer a promising outlook for Japan's construction industry, indicating a positive trend that could contribute to the country's economic recovery and stability.