Summary
Japanese manufacturers forecast a sixth straight quarterly fall in machinery orders in July-September, suggesting they remain wary of expanding their production capacity.
June data showed the biggest rise in more than a year, but the outlook for the current quarter suggests capital spending won't contribute much to overall economic growth. Analysts said the Bank of Japan's view the economy will improve from the latter half of this fiscal year may now look a little too rosy.See the full content of this document
Extract
Japanese Wary of Expanding Production
They expect the BOJ ...
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