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MNI BRIEF: Japan Dec Machine Orders Rise M/M; Govt Ups View

TOKYO (MNI)

Japan's core machinery orders, which exclude volatile orders for power generation equipment and ships, rose 3.6% m/m in December, for the third straight m/m rise, data released by the Cabinet Office on Thursday showed.

The Cabinet Office upgraded its assessment from the previous month, saying that machinery orders are recovering.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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