June 9, 2020 / 6:13 AM / a month ago

Japan May machine tool orders down 52.8% y/y - industry association

TOKYO, June 9 (Reuters) - Japan’s machine tool orders in May were down 52.8% compared with a year earlier, a preliminary estimate from the Japan Machine Tool Builders’ Association showed on Tuesday.

Compared with a month earlier, machine tool orders declined 8.7%, the data showed. (Reporting by Daniel Leussink Editing by Chang-Ran Kim)

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