Japan's core machine orders shrank by 2.8% in March

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Source: Forexfactory
Japan's core machine orders contracted by 2.8% in March, beating the expectations for a 3.5% fall. Considering yearly changes, core machine orders dropped by 1.1% in March as compared to a 4.4% increase projected. Meanwhile, core machinery orders are likely to gain 2.5% in Q2 of 2012 as compared to the preceding quarter.
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