Japan's machinery orders rose more than expected in July

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Source: Bloomberg
Japanese core machinery orders surged in July, mostly led by an increase in manufacturing sector orders. Machinery orders, which is a leading indicator of corporate capital investment, jumped 4.6% from the prior month, after adding 5.6% in June, the Cabinet Office said on Wednesday. Manufacturing sector orders rocketed 12%, sign manufacturers are more confident about Japanese economy.
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Wed, 12 Sep 2012 15:00:48 GMT

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