MNI DATA IMPACT: Japan Nov Machine Orders Surged 18.0% M/M

     TOKYO (MNI) - Japan's core machinery orders, excluding those for power

generation equipment and ships, increased for the first time in five months,

data from the Cabinet Office released Thursday showed. The result was driven by

the quick growth in the non-manufacturing sector. 

     -- Core orders increased 18.0% m/m in November, sharply up from the

previous 6.0% m/m drop. 

     -- Orders from non-manufacturing sectors gained 27.8% m/m, revising the

fall of 5.4% m/m reported last month. Orders from manufacturing sectors rose

0.6% m/m, improving from the previous 1.5% m/m drop. 

     -- The outlook for the October-December period is for a 3.5% rise, up from

the outlook of a 3.5% decrease seen in the previous quarter.

     --The Cabinet Office maintained its outlook assessment on the machinery

orders, saying the recovery was "marking time".

--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com

--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com

[TOPICS: MAJDS$,MAUDR$,MAUDS$,M$A$$$,M$J$$$,M$U$$$]