October 11, 2016 / 11:57 PM / 9 months ago

Japan Aug core machinery orders fall 2.2 pct mth/mth -govt

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TOKYO, Oct 12 (Reuters) - Japan's core machinery orders fell
2.2 percent in August from the previous month, Cabinet Office
data showed on Wednesday, in a sign of fragility in capital
expenditure.
    The fall in core orders, a highly volatile data series
regarded as an indicator of capital spending in the coming six
to nine months, compared with a 5.5 percent decline forecast in
a Reuters poll of economists. It followed a 4.9 percent increase
in July.
    Compared with a year earlier, core orders, which excludes
ships and orders from the electric power utilities, increased
11.6 percent in August, versus a 6.5 percent gain expected by
economists.
    To view full table, go to the Cabinet Office website at: 
    www.cao.go.jp/index-e.html
    For more background, please see this PREVIEW 

 (Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher)

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