Japan's July machinery orders rise 0.9%

Politics Economy

Japan's core private-sector machinery orders rose 0.9 percent in July from the previous month, up for the first time in two months, government data showed Wednesday. The orders, which exclude those for ships and from electricity utilities due to their volatility, totaled 859.7 billion yen ($7.8 billion), according to the Cabinet Office. Machinery orders are seen as a leading indicator of corporate capital spending.

Kyodo News

Kyodo News