• Kyodo

  • SHARE

The nation’s core private-sector machinery orders plunged a seasonally adjusted 11 percent in April from the previous month, the government said Thursday, partly reflecting caution by manufacturers over investment amid a firming yen.

The orders, widely viewed as a leading indicator of future capital spending, totaled ¥796.3 billion, the Cabinet Office said. The orders exclude those for ships and from utilities because of their volatility.

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

PHOTO GALLERY (CLICK TO ENLARGE)