Japan's Machinery Orders Up in June

Japan's machinery orders for June rose for the first time in 3 months. 
The Cabinet Office on Wednesday released the data, which indicates future capital spending by Japanese companies. They say orders rose by 8.3% from May, Japan's (NHK WORLD) radio said. 
The figure excludes the shipbuilding and power sectors, which tend to see large fluctuations. 
Orders from manufacturers jumped 17.7% in June, as orders for airplane parts rose. 
Orders from non-manufacturers increased by 2.1%, mainly due to demand for rail vehicles. 
Cabinet Office officials say large-scale orders pushed up the June figure. But they maintained their basic assessment that over the past 3 months as a whole, orders were at a standstill. 
The officials also released their outlook for the July-to-September quarter. They predict an increase of 5.2% from the previous 3-month period. 
They say the increase will be partly due to the effects of government subsidies.