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Japan's core machinery orders fall more than forecast

April data compounds worries over the country's weak economic recovery
Tuesday, June 13, 2017 - 05:50

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The 3.1 per cent fall in Japan's core machinery orders in April from a month earlier marked the first drop in three months, following a 1.4 per cent increase in March.

Tokyo

JAPAN'S core machinery orders fell more than expected in April, casting doubt on the strength of companies' capital spending and adding to concerns about the country's fragile economic recovery.

The 3.1 per cent fall in the core orders from a month earlier was much bigger

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