Japan July machinery orders fall 0.1% m/m
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FILE PHOTO: Businessmen walk past heavy machinery at a construction site in Tokyo's business district, Japan, January 16, 2017. REUTERS/Toru Hanai/File Photo
TOKYO (Reuters) - Japan's core machinery orders unexpectedly fell 0.1% in July from the previous month, government data showed on Wednesday.
That compared with a 0.5% rise expected 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 8.7%, versus a forecast for a 4.2% growth, the Cabinet Office data showed.
For the full table, go to the website of the Cabinet Office:
(Reporting by Satoshi Sugiyama; Editing by Christopher Cushing)
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