Japan's core private-sector machinery orders rise in November

2022-01-17 09:24

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TOKYO, Jan. 17 (Xinhua) -- Japan's core private-sector machinery orders rose in November from a month earlier, the government said in a report on Monday.

According to the Cabinet Office, the orders, excluding those for ships and utilities because of their volatility, increased 3.4 percent from the previous month, marking the second successive month of increase.

The orders, a key advance indicator for corporate capital spending, totaled 900.3 billion yen (7.9 billion U.S. dollars) in the reporting period, the office said.
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