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Japan's core machinery orders rise 0.2% m/m in August

TOKYO, Oct 12 (Reuters) - Japan’s core machinery orders rose 0.2% in August from the previous month, government data showed on Monday, highlighting resilience in capital spending even as the economy takes a hit from the coronavirus pandemic.

The increase 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 1.0% contraction forecast by economists in a Reuters poll, the Cabinet Office data showed.

Compared with a year earlier, core orders, which exclude those for ships and electricity, shed 15.2% in August, versus a 15.6% drop seen by economists, it showed.

To view the full table, go to the Cabinet Office website at:

here (Reporting by Daniel Leussink Editing by Chang-Ran Kim)

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