Economic Buzz: Japan?s core machinery orders rise 3% in June

Japan?s core machinery orders rose 3% month-on-month to ?941.2 billion in June 2025, snapping a two-month decline. The rebound was driven by an 8.8% jump in non-manufacturing orders, led by goods leasing and agriculture, which offset an 8.1% fall in manufacturing orders hit by steep declines in petroleum, metals, and steel. Year-on-year, core orders grew 7.6%, faster than May?s 4.4% rise. As a leading indicator of capital spending, the data suggests a firmer outlook despite ongoing sectoral imbalances.

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