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- Core machine orders in Japan advanced 4.9 percent in July
Core machine orders in Japan advanced 4.9 percent in July
According to rttnews, Ccore machine orders in Japan advanced 4.9 percent on month in July, the Cabinet Office said on Monday - standing at 891.9 billion yen.
That beat forecasts for a decline of 2.9 percent following the 8.3 percent spike in June.
On a yearly basis, core machine orders jumped 5.2 percent - also beating expectations for 0.3 percent following the 0.9 percent contraction in the previous month.
The total number of machinery orders, including those volatile ones for ships and from electric power companies, fell 1.2 percent on month and 0.3 percent on year to 983.8 billion yen.
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