March 10, 2013 / 11:56 PM / in 5 years

Japan Jan core machinery orders fall 13.1 pct mth/mth

TOKYO, March 11 (Reuters) - Japan's core machinery orders
tumbled 13.1 percent in January from the previous month, down
for the first time in four months, government data showed on
    The fall in core orders, which exclude those of ships and
power utilities, was much bigger than a median market forecast
for a 2.0 percent decline and followed a 2.8 percent rise in
December, the Cabinet Office data showed.
    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, declined 9.7 percent in January.
    To view full table, please go to the website of the Cabinet
Office at:
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