Japan April core machinery orders rise 0.6% month/month

  • 6/16/2021
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TOKYO, June 16 (Reuters) - Japan’s core machinery orders rose 0.6% in April from the previous month, government data showed on Wednesday. The reading compared with a 2.7% rise seen in a Reuters poll of economists, 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, grew 6.5% in April, versus a 8.0% advance expected by economists, the data showed. To view the full table, click on the Cabinet Office website: here (Reporting by Daniel Leussink) Our Standards: The Thomson Reuters Trust Principles.

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