Core private-sector machinery orders fell for a third consecutive month in June as a downturn in manufacturing overshadowed a recovery in nonmanufacturing, the government said Thursday.
The orders, which exclude those for ships and from utilities because of their volatility, slipped a seasonally adjusted 1.9 percent in June to ¥790.0 billion ($7.19 billion), according to the Cabinet Office.
In its June report, the Cabinet Office maintained its assessment that the recovery in machinery orders had "came to a standstill," a month after downgrading its evaluation for the first time in eight months.