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Japan Dec core machinery orders rise 5.2% month/month

·1 min read

TOKYO, Feb 17 (Reuters) - Japan's core machinery orders rose5.2% in December from the previous month, up for the thirdstraight month, government data showed on Wednesday.

Manufacturers surveyed by the Cabinet Office forecast thatcore orders will fall 8.5% in January-March, after advancing16.8% in the previous quarter.

Compared with a year earlier, core orders, a highly volatiledata series regarded as an indicator of capital spending in thecoming six to nine months, rose 11.8% in December, the Cabinetoffice data showed.

For the full table, go to the website of the Cabinet Office:https://www.esri.cao.go.jp/en/stat/juchu/juchu-e.html

(Reporting by Daniel LeussinkEditing by Chang-Ran Kim)