TABLE-Japan Oct core machinery orders fall 1.4 pct mth/mth

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

TOKYO, Dec 8 (BestGrowthStock) – Japan’s core machinery orders fell
1.4 percent in October from the previous month, down for the
second straight month, Cabinet Office data showed on Wednesday,
underlining companies’ cautious stance on capital spending due to
economic uncertainty. [JPMORD=ECI]

The fall in core orders, a highly volatile data series
regarded as a leading indicator of capital spending, was slightly
bigger than the median estimate for a 1.0 percent decrease, and
followed a 10.3 percent drop in September.

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

OCT SEPT AUG JULY
(month-on-month percentage changes, seasonally adjusted)
Overall +6.6 -9.2 +9.8 +5.7
Private (core) -1.4 (-1.0) -10.3 +10.1 +8.8
Public +9.7 -14.7 +10.1 -1.3
External +16.0 +6.9 -3.7 +2.6
————————————————————
(year-on-year percentage changes, unadjusted)
Overall +22.9 +16.6 +38.4 +23.4
Private (core) +7.0 (+7.5) +4.2 +24.1 +15.9
Public +13.4 -8.3 -4.5 -19.2
External +51.5 +47.5 +68.9 +50.2
————————————————————

OCT-DEC (f’cast) JULY-SEPT APRIL-JUNE
(qtr-on-qtr percentage changes, seasonally adjusted)
Overall -2.0 +11.1 -3.9
Private (core) -9.8 +9.6 +0.3
Public -0.7 +4.4 -0.2
External +9.3 +4.9 +2.4
————————————————————
*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/1010juchu-e.html
(Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher)

TABLE-Japan Oct core machinery orders fall 1.4 pct mth/mth