• Core machine orders in Japan drop 3.6% in August

Market news

10 September 2015

Core machine orders in Japan drop 3.6% in August

Japan's Cabinet Office released its core machine orders data on Thursday. Core machine orders in Japan dropped 3.6% in August, missing expectations for a 3.7% rise, after a 7.9% decline in July.

On a yearly basis, core machine orders in Japan rose 2.8% in August, missing forecasts of a 10.5% gain, after a 16.6% rise in July.

The total number of machinery orders gained 2.2% in August.

Manufacturing orders slid 5.3% in August, while non-manufacturing orders fell 6.0%.

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