December 11, 2016 / 11:56 PM / a year ago

Japan Oct core machinery orders rise 4.1 pct mth/mth

TOKYO, Dec 12 (Reuters) - Japan's core machinery orders rose
4.1 percent in October from the previous month, Cabinet Office
data showed on Monday, in a tentative sign of a pickup in
capital expenditures. 
    The rise in core orders, a highly volatile data series
regarded as an indicator of capital spending in the coming six
to nine months, compared with economists' median estimate of a
1.0 percent increase.
    Compared with a year earlier, core orders, which exclude
those of ships and electrical equipment, fell 5.6 percent in
October, versus expectations of a 4.5 percent decline.
    To view full table, please go to the website of the Cabinet
Office at: 
    For background, see this PREVIEW 

 (Reporting by Minami Funakoshi; Editing by Chang-Ran Kim)

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