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TOKYO (Jiji Press) — Japan’s seasonally adjusted core machinery orders in September were almost flat from the previous month, the Cabinet Office said Wednesday.
Private-sector orders excluding those for ships and power equipment, closely watched as a leading indicator of corporate capital spending, came to ¥838.9 billion.
The September result, which followed a 2.4% decrease in August, compared with the median estimate of a 1.8% rise by 18 economic research institutes surveyed by Jiji Press.
