Article details
Japan's core machinery orders jumped by 16.9% year-on-year in June, sharply beating market consensus expectations of a 10.8% increase and recovering from a 1.9% decline in the prior period. On a monthly basis, machinery orders climbed 9.7%, exceeding the forecasted 7.8% gain and reversing a steep 12.4% contraction seen in the previous month, according to official data.
