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Core private-sector machinery orders fell a seasonally adjusted 10.1 percent in October from the month before to a 14-year low of 790.6 billion yen, with orders from manufacturers tumbling to a record-low 281 billion yen, the Cabinet Office said Monday.

The 790.6 billion yen of orders for October — the worst since 774.8 billion yen in November 1987 — represents an unadjusted 26.6 percent drop from the level a year before, the sharpest year-on-year fall since May 1998, when the orders deteriorated 28.6 percent.

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