Economic Indicators

Japan July machinery orders fall 0.1% m/m

2024.09.17 20:41

TOKYO (Reuters) – Japan’s core machinery orders unexpectedly fell 0.1% in July from the previous month, government data showed on Wednesday.

That compared with a 0.5% rise expected by economists in a Reuters poll.

© Reuters. FILE PHOTO: Businessmen walk past heavy machinery at a construction site in Tokyo's business district, Japan, January 16, 2017.    REUTERS/Toru Hanai/File Photo

On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six to nine months, grew 8.7%, versus a forecast for a 4.2% growth, the Cabinet Office data showed.

For the full table, go to the website of the Cabinet Office:



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