Japan Core Machine Orders for July: -6.6% m/m (expected -8.0%)

Japan Core Machine Orders for July

-6.6 % m/m

• expected -8.0% m/m prior +13.9%

+0.3 % y/y

• expected -3.7% y/y prior 12.5%

Data used as a leading indicator of capital expenditure six to nine months out. Do note, the data set is very volatile.