TOKYO (Reuters) – Japan’s core machinery orders fell 0.4% in March from the month before, government data showed on Wednesday.
The fall 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 7.1% drop in a Reuters poll of economists.
Compared with a year earlier, core orders, which exclude those of ships and electricity, dropped 0.7% in March, versus a 9.5% decline seen by economists, the Cabinet Office data showed.
To view the full table, go to the Cabinet Office website at:
https://www.esri.cao.go.jp/jp/stat/juchu/2020/2003juchu.html
(Reporting by Daniel Leussink; Editing by Chris Gallagher)
