June 11, 2017 / 11:54 PM / a month ago

Japan April core machinery orders fall 3.1 pct mth/mth - govt

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    TOKYO, June 12 (Reuters) - Japan's core machinery orders
fell 3.1 percent in April from the previous month, down for the
first time in three months, in a sign capital expenditure lacks
momentum, Cabinet Office data showed on Monday.
    The fall in the core orders, a highly volatile data series
regarded as an indicator of capital spending in the coming six
to nine months, compared with the 1.3 percent drop expected by
economists in a Reuters poll.
    It followed a 1.4 percent increase in March, the data
showed.
    Compared with a year earlier, core orders, which exclude
ships and orders from electric power utilities, grew 2.7 percent
in April, versus a 0.7 percent decline in March and a 6.3
percent increase expected by economists in a Reuters poll.
    To view full table, click on the Cabinet Office website:
    here

 (Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)
  
 
 

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