Core machine orders in Japan plummeted a seasonally adjusted 8.8 percent on month in April, the Cabinet Office said on Wednesday.
That missed forecasts for a contraction of 8.1 percent following the 14.2 percent surge in March.
On a yearly basis, core machine orders dipped 1.1 percent - beating expectations for a fall of 4.3 percent following the 2.4 percent increase in the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.