Japan August core machinery orders rise 5.4 pct mth/mth

Reuters

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

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