TABLE-Japan Dec core machinery orders +20.1 pct mth/mth

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO, Feb 10 (BestGrowthStock) – Japan’s core machinery orders rose
20.1 percent in December from the previous month, but any
recovery in capital spending is expected to be tame as companies
face spare capacity and economic uncertainty.

The rise was bigger than a median market forecast for an 8.0
percent gain, after core orders tumbled 11.3 percent to a record
low the previous month. [JPMORD=ECI]

Details were as follows (economists’ median forecast in
parentheses):
————————————————————

DEC NOV OCT
(month-on-month percentage changes, seasonally adjusted)
Overall +21.2 -8.0 +3.2
Private (core) +20.1 (+8.0) -11.3 -4.5
Public -5.5 +13.3 -14.4
External +20.9 -7.3 +15.3
————————————————————
(year-on-year percentage changes, unadjusted)
Overall +1.9 -9.2 -12.2
Private (core) -1.5 (-10.6) -20.5 -21.0
Public +5.3 -0.8 -7.1
External +0.4 +0.7 -4.5
————————————————————

JAN-MARCH (f’cast) OCT-DEC JULY-SEPT
(qtr-on-qtr percentage changes, seasonally adjusted)
Overall -1.9 +7.8 +10.4
Private (core) +2.0 +0.5 -0.9
Public +2.6 -21.8 +11.4
External -14.8 +28.4 +41.7
————————————————————
*Note: Core orders are private-sector and exclude those for
ships and electric power utilities. For the full tables, click:
http://www.esri.cao.go.jp/en/stat/juchu/0912juchu-e.html

Investing

(Reporting by Tetsushi Kajimoto)

TABLE-Japan Dec core machinery orders +20.1 pct mth/mth