Related News
Japanese economy has pulse
JAPANESE machinery orders, a barometer of corporate spending, fell by just 1.7 percent in December from November - far less than predicted - but economists warned that the outlook remains gloomy.
Core private sector machinery orders, which exclude the unpredictable orders from electric power firms and ship builders, fell for a third straight month to 741.6 billion yen (US$8.06 billion), Japan's Cabinet Office said.
That was better than the 8.7 percent decline projected in a Kyodo News survey of economists and far smaller than the 16.2 percent plunge in November - the steepest monthly drop on record.
The report offered some hopeful signs. Machinery orders from manufacturers rose 7 percent, including improvement in steel makers.
Core private sector machinery orders, which exclude the unpredictable orders from electric power firms and ship builders, fell for a third straight month to 741.6 billion yen (US$8.06 billion), Japan's Cabinet Office said.
That was better than the 8.7 percent decline projected in a Kyodo News survey of economists and far smaller than the 16.2 percent plunge in November - the steepest monthly drop on record.
The report offered some hopeful signs. Machinery orders from manufacturers rose 7 percent, including improvement in steel makers.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.