Japan’s Core Machinery Orders

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

This decline contrasted with the 0.5% rise expected by economists in a Reuters poll.

On a year-on-year basis, core orders, which are a highly volatile data series seen as a leading indicator of capital spending in the coming six to nine months, saw growth of 8.7%, surpassing the forecast of 4.2% growth, the Cabinet Office data revealed.

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