Japan Revised Machine Tool Orders Up 1.4% on Yr in May

Japanese machine tool orders rose 1.4% on year in May to a revised Y132.82 billion, according to figures released Tuesday by the Japan Machine Tool Builders Association.

The result was slightly below the preliminary reading of Y132.85 billion released earlier this month.

In May, orders from overseas rose 10.4% on year to Y77.74 billion, while domestic orders slipped 9.0% to Y55.09 billion.

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