Japan's machinery orders rise 3.7% on month in March

Economy

Japan's core private-sector machinery orders rose 3.7 percent in March from the previous month, government data showed Thursday. The orders, which exclude those for ships and from electricity utilities due to their volatility, totaled 798.1 billion yen ($7.3 billion), according to the Cabinet Office. They rose for the first time in three months. Machinery orders are seen as a leading indicator of capital spending.

Kyodo News

Kyodo News