Japan Aug core machinery orders -7.7 pct m/m

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TOKYO, Oct 11 (Reuters) Japan's core private-sector machinery orders, a key gauge of corporate capital spending, fell 7.7 percent in August from the previous month, government data showed on Thursday.

That compared with economists' consensus forecast for a 6.0 percent decline, following a 17.0 percent jump in July, the Cabinet Office said.

Compared with a year earlier, core orders, which exclude those for ships and machinery at electric power firms, fell 2.6 percent.

The Cabinet Office had said core orders, a highly volatile series regarded as an indicator of capital spending in the coming six to nine months, were expected to rise 3.7 percent in July-September from the previous quarter.

Reuters DKS VP0530

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