• Bloomberg


Machine orders rose in April after falling for two consecutive months as companies replaced aging equipment, but economic and fiscal policy chief Hiroko Ota said demand is still weak.

Orders, which signal capital spending in the next three to six months, rose 5.5 percent after falling 8.3 percent in March and 12.3 percent in February, the Cabinet Office said Tuesday. The median estimate in a survey of 26 economists was for a 3 percent increase.

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 out 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.