Markets News

Japan Sept core machinery orders fall 2.9% month/month -govt

    TOKYO, Nov 11 (Reuters) - Japan's core machinery orders fell
2.9% in September from the previous month, down for a third
straight month, Cabinet Office data showed on Monday.
    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 economists' median estimate of a
0.9% increase in a Reuters poll, the data showed.
    Manufacturers surveyed by the Cabinet Office forecast that
core orders will rise 3.5% in October-December, after a 3.5%
decrease in the previous quarter.
    Compared with a year earlier, core orders, which exclude
those of ships and electricity, grew 5.1% in September, versus a
7.9% year-on-year gain seen by economists in a Reuters poll.
    To view the full table, go to the Cabinet Office website: 

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