Magazine

Japan October Core Machinery Orders Fall 6.0% Month/month: Government

Posted on the 12 December 2019 by Merks50

TOKYO (Reuters) - Japan's core machinery orders unexpectedly fell 6.0% month-on-month in October, down for the fourth straight month, government data showed on Thursday.

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 the median estimate of a 0.9% rise in a Reuters poll of economists.

Compared with a year earlier, core orders, which exclude those of ships and electricity, fell 6.1% in October, versus a 1.8% drop seen by economists, the Cabinet Office data showed.

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

http://www.esri.cao.go.jp/en/stat/juchu/1910juchu-e.html http://www.esri.cao.go.jp/en/stat/juchu/juchu-e.html


Back to Featured Articles on Logo Paperblog