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TOKYO, May 17 (Reuters) - Japan's core machinery orders rose 1.4 percent in March from the previous month, nguồn led 12v government data showed on Wednesday.
The rise in core orders, a highly volatile data series regarded as a good indicator of capital spending in the coming six to nine months, undershot the median estimate of a 2.1 percent rise expected by economists in a Reuters poll. Companies surveyed by the Cabinet Office forecast that core orders, which exclude those of ships and electric power utilities, would fall 5.9 percent in the April-June quarter.
Compared with a year earlier, core orders declined 0.7 percent in March, versus the median estimate for a 0.6 percent rise. To view full table, please go to the website of the Cabinet Office at: website (Reporting by Minami Funakoshi; Editing by Christopher Cushing)