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Japan April machinery orders seen rising, BOJ rates unchanged: Reuters poll

Reuters  |  TOKYO 

By Kaori KanekoTOKYO (Reuters) - Japan's machinery orders are set to rebound in April, a Reuters poll found on Friday, offering some solace amid worries over the outlook for the economy after it contracted in the first quarter.Core machinery orders, a volatile data series regarded as an indicator of capital spending in the coming six to nine months, likely rose 2.8 percent in April from the previous month after a 3.9 percent decline, the poll of 16 analysts found. From a year ago, core machinery orders, which exclude those for ships and from electric power utilities, were seen rising 3.9 ...

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First Published: Fri, June 08 2018. 12:19 IST