TOKYO, Feb 12 Japan's core machinery orders fell
15.7 percent in December, dropping for the first time in three
months after a hefty gain in the previous month, government data
showed on Wednesday.
The month-on-month fall in core orders, which exclude those
of ships and electric power utilities, compared with a 4.1
percent drop forecast by economists in a Reuters poll. It
followed a 9.3 percent gain in November, the Cabinet Office data
Companies surveyed by the Cabinet Office forecast that core
orders will fall 2.9 percent in January-March, after increasing
1.5 percent in October-December, which was the third straight
quarter of gains.
Compared with a year earlier, core orders, a highly volatile
data series regarded as an indicator of capital spending in the
coming six to nine months, increased 6.7 percent in December,
against a 17.6 percent gain expected.
To view full table, go to the Cabinet Office's website at: