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Japan May core machinery orders fall 7.8% mth/mth -govt

TOKYO, July 8 (Reuters) - Japan's core machinery orders fell 7.8% in May from the previous month, down for the first time in four months and logging the biggest drop since last September, government data showed on Monday. The fall in core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, compared with economists' median estimate of a 4.7% decline in a Reuters poll, the data showed. Compared with a year earlier, core orders, which exclude those of ships and electricity, dropped 3.7% in May, versus a 3.9% fall seen by economists, the Cabinet Office data showed. To view the full table, go to the Cabinet Office website at:

(Reporting by Tetsushi Kajimoto Editing by Chang-Ran Kim)

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