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MNI BRIEF: Japan's Jan Machine Orders Drop, Recovery View Kept

TOKYO (MNI)

Japan's core machinery orders, which exclude volatile orders for power generation equipment and ships, fell 2.0% m/m in January, data released by the Cabinet Office Thursday showed.

But the Cabinet Office left 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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