The value of core machinery orders in Japan was up a seasonally adjusted 8.7 percent on month in April, the Cabinet Office said on Wednesday – coming in at 1,098.5 billion yen.
That exceeded expectations for an increase of 1.2 percent following the 9.4 percent drop in March.
On a yearly basis, orders jumped 15.6 percent – again beating forecasts for 9.3 percent following the 5.9 percent increase in the previous month.
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