Economic Buzz: Japan core machinery orders rebound 8.7% in April

Japan?s core machinery orders rose 8.7% month-on-month to JPY 1,098.5 billion in April, rebounding from the previous month?s decline. The increase was driven by stronger demand from both manufacturing and non-manufacturing sectors, with notable gains in shipbuilding, textiles, real estate, and transportation. On an annual basis, core machinery orders climbed 15.6%, marking a sharp acceleration and pointing to improving business investment activity in Japan.

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