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Japan July core machinery orders rise 8.0 pct mth/mth -govt
September 10, 2017 / 11:54 PM / 15 days ago

Japan July core machinery orders rise 8.0 pct mth/mth -govt

    TOKYO, Sept 11 (Reuters) - Japan's core machinery orders
rose 8.0 percent in July from the previous month, up for the
first time in four months, government data showed on Monday, in
a tentative sign of recovery in capital expenditure.
    The rise 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 4.4 percent increase expected by
economists in a Reuters poll. It followed a 1.9 percent decline
in June, the Cabinet Office data showed.
    Compared with a year earlier, core orders, which exclude
ships and orders from electric power utilities, declined 7.5
percent, versus a 7.3 percent decrease expected by economists.
    For background, please see this PREVIEW             
    To view full table, click on the Cabinet Office website:
    here

 (Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher)
  
 
 

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