• Japan’s preliminary machine tool orders slides 6.3% in October

Market news

11 November 2015

Japan’s preliminary machine tool orders slides 6.3% in October

Japan Machine Tool Builders' Association released its preliminary machine tool orders data on Wednesday. Machine tool orders slid 6.3% in October.

The drop was driven by lower demand from China.

On a yearly basis, preliminary machine tool orders plunged 21.3% in October, after a 19.1% in September.

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