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Japanese capex leading indicator (machinery orders) fell m/m in March

Japanese capex leading indicator (machinery orders) fell m/m in March

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By Eamonn Sheridan
22/05/2023 | 00:13 GMT

Japan's core machinery orders for March fell 3.9% m/m

Japan machine orders March 2023

The core machinery orders data is a highly volatile series

  • its used as a leading indicator of capital spending in the coming six to nine months

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