Japan machinery orders grow the first time in three months - hpc


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Japanese machinery orders grow for the first time since last three month, an enterprise may think the world's 3rd largest economy back on the growth track signs next year.
Cabinet Office today announced capital spending indicators factory orders in October rose by 2.6%, Bloomberg News survey of 25 economists estimated increase in value by 3%.
Increase in orders and industrial production unexpectedly rose in October shows the Japanese economy is recovering after three quarters of shrinking.
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