Japan Feb core machinery orders rise 1.8pc mth/mth

TOKYO: Japan's core machinery orders rose 1.8 percent in February from the previous month, government data showed on Wednesday.

That was less than the median estimate for a 2.5 percent increase, according to a Reuters poll of economists.

Compared with a year earlier, core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, fell 5.5 percent in February, versus the median estimate of a 5.2 percent decline.