January 16, 2020 / 12:12 AM / a month ago

RPT-Japan Nov core machinery orders jump 18.0% mth/mth - govt

(Attaches to additional alert)

TOKYO, Jan 16 (Reuters) - Japan’s core machinery orders soared 18.0% in November, up for the first time in five months, government data showed on Thursday.

The month-on-month 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 the median estimate of a 3.2% gain in a Reuters poll of economists.

Compared with a year earlier, core orders, which exclude those of ships and electricity, advanced 5.3% in November, versus a 5.4% drop seen by economists, the Cabinet Office data showed.

To view the full table, go to the Cabinet Office website at:

here here (Reporting by Daniel Leussink; Editing by Chris Gallagher)

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