TOKYO, Oct 10 (Reuters) - Japan's core machinery orders
increased a bigger-than-expected 5.4 percent in August from the
previous month, rising for the first time in three months,
government data showed on Thursday.
The rise in core orders, which exclude those of ships and
electric power utilities, compared with economists' median
projection for a 2.0 percent increase and followed a slight
decline in the previous month, the Cabinet Office data showed.
Compared with a year earlier, core orders, a highly volatile
data series regarded as an indicator of capital spending in the
coming six to nine months, grew 10.3 percent in August, against
economists' median estimate for an 8.7 percent gain.
The Cabinet Office raised its assessment of machinery
orders, saying they are picking up.
To view full table, click on the Cabinet Office website at:For more background, please see PREVIEW
- Cabinet Office