Japan machinery orders climb first time in 3 months

Note: This section contains information in English only.
Source: RTT News
© Scanpix/AFP
Core machinery orders in Japan rose for the first time in three-month period, though less-than-expected, climbing to a seasonally adjusted 2.6% in October to 704.4 billion yen, the Cabinet Office report showed on Wednesday. Year-on-year change of core machine orders recorded a 1.2% increase compared to projections of a 5.0% decline following a 7.8% contraction in September and a 6.1% drop in August.

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Wed, 12 Dec 2012 16:19:30 GMT

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