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Economy And The Numbers

Japan Core Machine Orders Sink 3.5% In January

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The value of overall core machine orders in Japan was down a seasonally adjusted 3.5 percent on month in January, the Cabinet Office said on Wednesday - coming in at 857.9 billion yen.

That missed forecasts for a decline of 0.1 percent following the 0.8 percent decline in December.

On a yearly basis, orders rose 4.4 percent - again missing expectations for an increase of 6.9 percent following the 4.3 percent gain in the previous month.

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