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  • Reuters

    Japan July machinery orders fall 0.1% m/m

    By Reuters,

    5 hours ago
    https://img.particlenews.com/image.php?url=2e2Zo0_0va5Ztbw00

    TOKYO (Reuters) - Japan's core machinery orders unexpectedly fell 0.1% in July from the previous month, government data showed on Wednesday.

    That compared with a 0.5% rise expected by economists in a Reuters poll.

    On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six to nine months, grew 8.7%, versus a forecast for a 4.2% growth, the Cabinet Office data showed.

    For the full table, go to the website of the Cabinet Office:

    (Reporting by Satoshi Sugiyama; Editing by Christopher Cushing)

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