TOKYO, Feb 9 Japan's core machinery orders rose
6.7 percent in December from the previous month, swinging from
the prior month's decline, in a tentative sign of pickup in
capital expenditure, government data showed on Thursday.
The rise in the core orders, a highly volatile data series
regarded as an indicator of capital spending in the coming six
to nine months, exceeded the 3.1 percent gain expected by
economists in a Reuters poll.
It followed a 5.1 percent decline in November, the Cabinet
Office data showed.
Manufacturers surveyed by the Cabinet Office forecast that
core orders will rise 3.3 percent in January-March from the
previous quarter, after a 0.2 percent decrease in the final
three months of last year.
Compared with a year earlier, core orders, which exclude
ships and orders from the electric power utilities, grew 6.7
percent in December, the data showed.
To view full table, click on the Cabinet Office website:
(Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)