Japan Feb core machinery orders down 2.3 pct mth/mth

 (For more stories on the Japanese economy, click [ID:nECONJP])	
 TOKYO, April 11(Reuters) - Japan's core machinery orders
fell 2.3 percent in February from the previous month, and
analysts expect a sharp fall ahead as last month's devastating
earthquake and tsunami disrupted supply chains and hurt
production. 	
 The fall 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 forecast of a
1.1 percent drop and followed a 4.2 percent gain in January.	
 The government maintained its assessment of machinery
orders, saying they are in a recovery trend but weak movements
are seen in the nonmanufacturing sector.	
 Compared with a year earlier, core orders, which exclude
orders for ships and machinery at electric power firms,
increased 7.6 percent in February.	
 Manufacturers surveyed by the Cabinet Office have forecast
that core orders would rise 2.7 percent in January-March from
the previous quarter.	
	
 (Reporting by Kaori Kaneko; Editing by Edmund Klamann)	
 	
 

Japan Feb core machinery orders down 2.3 pct mth/mth