Japan Core Machine Orders Jump 8.3% In December



Core machine orders in Japan climbed 8.3 percent on month in December, the Cabinet Office said on Thursday. That topped expectations for an increase of 2.3 percent following the 1.3 percent gain in November. On a yearly basis, core machine orders surged 11.4 percent - also beating forecasts for an increase of 5.6 percent following the 14.6 percent plummet in the previous month. For the fourth quarter of 2014, core machine orders added just 0.4 percent on quarter. For all of 2014, they gained an annual 4.0 percent.

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