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Asian Economic News

Japan Core Machinery Orders Slump 9.4% In March

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

The value of core machinery orders in Japan was down a seasonally adjusted 9.4 percent on month in March, the Cabinet Office said on Thursday - coming in at 1,010.9 billion yen.That missed forecasts for a decline of 7.7 percent after jumping 13.6 percent in February.On a yearly basis, orders added 5.9 percent - beating expectations for a gain of 4.5 percent following the 24.7 percent spike in the ...

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