Core machine orders in Japan were up a seasonally adjusted 5.7 percent on month in November, the Cabinet Office said on Wednesday.
That beat expectations for a decline of 1.2 percent on month following the 5.0 percent jump in October.
On a yearly basis, core machine orders perked 4.1 percent – again exceeding forecasts for a fall of 0.5 percent following the 2.3 percent gain in the previous month.
The total value of machinery orders received by manufacturers operating in Japan surged a seasonally adjusted 11.8 percent on month in November.
The material has been provided by InstaForex Company – www.instaforex.com
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