Wed, 12 Feb 2014 09:40:06 GMT
Japanese core machinery orders decline in December
The total number of orders for machinery in Japan plunged considerably in December of the previous year, while the pace of decrease reached the highest level since 1998. Analysts say that growth in business investment may slow in the nearest future. Concerning orders, they slipped 15.7% on a monthly basis, however, economists predicted the indicator to lose only 4%.