India, July 13 -- The value of core machinery orders in Japan was down a seasonally adjusted 0.6 percent on month in May, the Cabinet Office said on Monday - coming in at 913.5 billion yen.
That beat forecasts for a contraction of 1.4 percent following the 9.1 percent decline in April.
On a yearly basis, orders rose 4.4 percent - again exceeding expectations for 3.4 percent following the 6.6 percent jump in the previous month.
Government orders were up 25.2 percent on month and 36.9 percent on year at 499.0 billion yen, while orders from overseas fell 6.4 percent on month and 11.8 percent on year to 1,263.3 billion yen.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });
For the second quarter of 2025, ...