Japan Nov core machinery orders up 5.7 pct mth/mth -govt

By Kitco News / January 16, 2018 / www.kitco.com / Article Link

TOKYO, Jan 17 (Reuters) - Japan's core machinery orders rose by 5.7 percent in November from the previous month, Cabinet Office data showed on Wednesday, underlining a steady pickup in capital expenditure.

The rise in core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, compared with a 1.4 percent drop expected in a Reuters poll of economists. It followed 5.0 percent growth in October.

Compared with a year earlier, core orders, which exclude those of ships and electric power utilities, grew 4.1 percent in November.

For more background, see this PREVIEW To view full table, go to the Cabinet Office website: (Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok