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Japan Core Machinery Orders Unexpectedly Decline

Por: RTTNews Business July 12, 2023

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Japan's core machinery orders unexpectedly declined in May signaling a notable fall in capital spending on machinery and equipments, data from the Cabinet Office revealed Wednesday.Producer price inflation slowed for the sixth consecutive month in June on lower energy cost, another official data showed today. Machinery orders, excluding volatile ones for ships and those from electric power companies, plunged 7.6 percent on a monthly basis... + full article



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