Japan July machinery orders fall 0.1% m/m

TOKYO (Reuters) – Japan’s core machinery orders unexpectedly fell 0.1% in July from the previous month, government data showed on Wednesday.

That compared with a 0.5% rise expected by economists in a Reuters poll.

On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six to nine months, grew 8.7%, versus a forecast for a 4.2% growth, the Cabinet Office data showed.

For the full table, go to the website of the Cabinet Office:

(Reporting by Satoshi Sugiyama; Editing by Christopher Cushing)