• Kyodo News


Core private-sector machinery orders fell to their lowest ever in July amid weak demand from manufacturers, government data showed Thursday, adding to signs that corporate appetite for fresh capital spending is still weak.

Core orders, which exclude those for ships and from electric utilities, fell a seasonally adjusted 9.3 percent from a month ago to ¥664.7 billion, the lowest since April 1987, the oldest comparable data available.

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