Core machine orders in Japan surged 7.5 percent on month in September, the Cabinet Office said on Thursday.
That topped forecasts for an increase of 3.3 percent following the 5.7 percent decline in August.
On a yearly basis, core machine orders dipped 1.7 percent – also beating expectations for a decline of 4.6 percent following the 3.5 percent contraction in the previous month.
The total number of machinery orders, including those volatile ones for ships and from electric power companies, gained 9.5 percent on month and dipped 0.5 percent on year.
The material has been provided by InstaForex Company – www.instaforex.com