Japan’s March core machinery orders rise 7.1% m-o-m
Published Thu, May 19, 2022 · 08:18 AM
JAPAN’S core machinery orders rose 7.1 per cent in March from the previous month, government data showed on Thursday, versus a 3.7 per cent increase expected by economists in a Reuters poll. Compared with a year earlier, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six to nine months, grew 7.6 per cent in March, the Cabinet Office data found. REUTERS
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