Japan: Basic machinery orders fell 7.8% month / month

                TOKYO, July 8 (Reuters) - Japan's main machinery orders have fallen
7.8% in May compared with the previous month, down for the first time in
four months and registering the largest decline since last September,
Government data showed Monday.
The fall of basic orders, a very volatile data series
as an indicator of capital expenditures over the six years
nine months, compared with the median estimate of economists from one
Down 4.7% in a Reuters poll, the data showed.
Compared to a year earlier, basic orders, which exclude
ship and electricity fell by 3.7% in May, compared to
Economists have seen a 3.9% drop, according to Cabinet Office data.
To see the full picture, go to the Cabinet Office website at:
right here

(Report by Tetsushi Kajimoto
Edited by Chang-Ran Kim)