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Japan's machinery orders fall 3.7% in January
Issue date:12/03/2010
Source:Chinamac Journal
(Amily)
Japan's official data showed on Mach 10 that Japan's core private-sector machinery orders, a leading indicator of corporate capital spending, fell 3.7% in January from the previous month.

The drop reversed a robust 20.1% rise in December, which followed an 11.3% fall in November.

The core orders from manufacturing companies rose 3.3% month-on-month in January while those from non-manufacturers dropped 12.9%, the Cabinet Office said.
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