MACHINERY ORDERS IN JAPAN DROPPED BY 7.6 PERCENT IN JUNE

Highlights –

• Machinery orders in Japan dropped by 7.6 percent in June.
• The orders totalled to $6.7 billion, lowest since February 2013.
•  Orders from overseas dipped by 3.9 percent.
• Capital expenditure slid by 1.5 percent.

According to data published by the Japanese government, the country’s core private sector machinery orders dropped by 7.6....