Japanese core machinery orders unexpectedly fell in July

Japan’s Cabinet Office announced on September 10 that Japan’s core machinery orders fell 3.6% unexpectedly in July from the previous month, falling for the second consecutive month, leaving the capital expenditure momentum in doubt. Earlier, Reuters survey analysts estimated that Japan's core machinery orders in July increased by 3.7% compared with the previous month.

Core machinery orders in July increased by 2.8% from the same period of the previous year, and the median market estimate was 10.5%.

Japanese government officials said Japan’s machinery orders in July hit its lowest in November 2014.

The Japanese government lowered its assessment of machinery orders, saying that machinery orders data showed growth stagnation.

Automatic Sliding Door

Automatic Sliding Doors can either be a single door sliding in one direction or bi-parting doors where each door leaf slides in the opposite direction. They are often used in grocery stores, entrances to shopping malls, hospitals and other applications where you want to provide your customers a hands free, safe and easy access to your building.

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