Core machine orders in Japan were up a seasonally adjusted 2.7 percent on month in December, the Cabinet Office said on Monday - coming in at 838.8 billion yen.
That was in line with expectations following the 4.9 percent contraction in November.
On a yearly basis, core machine orders sank 0.7 percent - beating forecasts for a decline of 1.0 percent after dropping 5.0 percent in the previous month.
For the fourth quarter of 2023, orders were down 1.0 percent on quarter and 2.5 percent on year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.