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Japan Machine Tool Orders Plunge 20.6%

Por: RTTNews Business November 13, 2023

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Japan's machine tool orders declined for the tenth straight month in October and at a faster pace due to weak domestic and foreign demand, preliminary data from the Japan Machine Tool Builders Association, or JMTBA, showed Monday.Machine tool orders fell 20.6 percent year-on-year in October, which was worse than the 11.2 percent decrease in the previous month.Domestic demand was 24.5 percent lower in October compared to last year, and... + full article



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