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Japan July Core Machinery Orders Up 6.3 Pct

Japan July Core Machinery Orders Up 6.3 Pct

   Tokyo, Sept. 10 (Jiji Press)--Japan's seasonally adjusted core machinery orders in July rose 6.3 pct from the previous month, the Cabinet Office said Thursday.
   Private-sector orders excluding those for ships and power equipment, closely watched as a leading indicator of corporate capital spending, came to 751.3 billion yen.
   The July result, which followed a 7.6 pct decrease in June, compared with the median estimate of a 1.9 pct rise by 17 economic research institutes surveyed by Jiji Press. Their estimates ranged from a fall of 2.6 pct to a rise of 6.3 pct.

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AFP-JIJI PRESS NEWS JOURNAL


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