TOKYO (Reuters) – Japan’s core machinery orders rose 4.3% in February from the previous month, government data showed on Wednesday. That compared with a 0.8% gain estimated by economists in a Reuters poll. On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming […]
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Japan February machinery orders rise 4.3% month-on-month
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TOKYO (Reuters) – Japan’s core machinery orders rose 4.3% in February from the previous month, government data showed on Wednesday.
That compared with a 0.8% gain estimated by economists in a Reuters poll.
On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six to nine months, grew 1.5%, versus a forecast for a 1.4% fall, the data showed.
For the full table, go to the website of the Cabinet Office:
(Reporting by Kaori Kaneko; Editing by Chang-Ran Kim)