The government on Thursday slightly upgraded its assessment of core private-sector machinery orders after these orders rose a seasonally adjusted 2.9 percent in June from May and grew 7.1 percent in the April-June period from the previous quarter.
The Cabinet Office said, however, that it will monitor future developments carefully, as it expects orders to drop 3.9 percent in the July-September quarter due to a slowdown in exports.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.