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Japan's Oct. key machinery orders down 10%, 14-year low.

Publication: Japan Weekly Monitor
Publication Date: 17-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 10 Kyodo

(EDS: ADDING DETAILS)

Japan's core private-sector machinery orders fell a seasonally adjusted 10.1% in October from September to a 14-year low of 790.6 billion yen, with orders from manufacturers tumbling to a record-low 281.0 billion yen, the Cabinet Office said Monday.

The 790.6 billion yen of orders for October -- the worst since 774.8 billion yen in November 1987 -- represents an unadjusted 26.6% drop from the level a year before, the sharpest year-on-year...

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