Japan Core Machinery Orders Up 3.0 pct in June
Tokyo, Aug. 20 (Jiji Press)--Japan's seasonally adjusted core machinery orders in June rose 3.0 pct from a month earlier, marking the first rise in three months, the Cabinet Office said Wednesday.
The private-sector orders excluding those for ships and equipment used at power utilities, which are closely watched as a leading indicator of corporate capital investment, amounted to 941.2 billion yen.
The Cabinet Office kept its basic assessment of machinery orders unchanged, saying that they are showing signs of picking up.
Machinery orders from manufacturers slid 8.1 pct to 412.3 billion yen, as those from the nonferrous metal industry and the oil and coal sector turned lower after the previous month's jump.
Core orders from nonmanufacturers climbed 8.8 pct to 521.4 billion yen, led by robust demand for computers in the leasing industry and tractors in the agriculture, forestry and fishing sectors.
(2025/08/20-13:33)
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