TABLE-Japan Jan core machinery orders -3.7 pct mth/mth

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

TOKYO, March 10 (BestGrowthStock) – Japan’s core machinery orders
fell 3.7 percent in January from the previous month, underlining
sluggish capital spending as companies face overcapacity and weak
domestic demand.

The fall was smaller than a median market forecast for a 4.1
percent fall, after core orders jumped 20.1 percent the previous
month, data from the Cabinet Office showed. [JPMORD=ECI]

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

JAN DEC NOV
(month-on-month percentage changes, seasonally adjusted)
Overall -3.7 +21.2 -8.0
Private (core) -3.7 (-4.1) +20.1 -11.3
Public +20.8 -5.5 +13.3
External -8.8 +20.9 -7.3
————————————————————
(year-on-year percentage changes, unadjusted)
Overall +16.7 +1.9 -9.2
Private (core) -1.1 (-0.8) -1.5 -20.5
Public +13.5 +5.3 -0.8
External +60.9 +0.4 +0.7
————————————————————

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/1001juchu-e.html

Stock Report

(Reporting by Tetsushi Kajimoto)

TABLE-Japan Jan core machinery orders -3.7 pct mth/mth