October 9, 2019 / 11:57 PM / 2 months ago

Japan August core machinery orders fall 2.4% mth/mth -govt

TOKYO, Oct 10 (Reuters) - Japan’s core machinery orders fell 2.4% month-on-month in August, roughly in line with expectations, government data showed on Thursday.

The drop 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 2.5% decline in a Reuters poll of economists.

Compared with a year earlier, core orders, which exclude those of ships and electricity, slid 14.5% in August, versus a 10.8% drop seen by economists, the Cabinet Office data showed.

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

here here

Reporting by Daniel Leussink Editing by Chang-Ran Kim

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